The DXY index has been moving in the descending channel for more than 1 month.๐
DXY seems to have formed the Double Three Correction structure(WXY) in the middle of the descending channel during the last two weeks.
I expect the end of wave Y to finish near the middle line of the descending channel and the๐ขsupport zone($ 101.3-$ 100.82)๐ข, and again DXY will attack the upper line of the descending channel for the 5๏ธโฃfifth time5๏ธโฃ and break the descending channel.
U.S.Dollar Currency Index ( DXYUSD ) Analyze, 2-hour time frameโฐ.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
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:-) Have a good time! False is everywhere :-D Trust only the God! (reentered Long, things are going exactly as I wish, but tsss!, that's a secret, second long yet not in profit) p.s. willing to reach that step-down on VWAP. FVG supports my dreams p.s. on 15th Apr it was able too ;-) Don't be biased with your subjective opinion. Thank you!