Dollar$ Down pt2
מעודכן
Hello everyone 👋
Today I bring DXY .
This is a follow up on an idea I have recently sheared titled "Dollar$ Down"
• The DXY didn't push down as expected but instead continued to go up correctively to for a larger ascending type correction.
• Nothing much has changed in the HTF as we seem to have just got out reversal impulse to the downside after price has formed a LTF ascending/ expanding type structure.
• We did break and form LTF continuation corrections
(See analysis here
HTF:
LTF :
)
and now price has reached the 90% of the LTF correction.
• It would be best (in my opinion) to wait for price to break pass the 90% and form another possible continuation correction.
• If price does not push pass but instead rejected or form any type of LTF reversal Patterns I will not look to jump into this trade as the HTF and LTF will have conflicting Bais.
Thank you .
Today I bring DXY .
This is a follow up on an idea I have recently sheared titled "Dollar$ Down"
• The DXY didn't push down as expected but instead continued to go up correctively to for a larger ascending type correction.
• Nothing much has changed in the HTF as we seem to have just got out reversal impulse to the downside after price has formed a LTF ascending/ expanding type structure.
• We did break and form LTF continuation corrections
(See analysis here
HTF:
LTF :
and now price has reached the 90% of the LTF correction.
• It would be best (in my opinion) to wait for price to break pass the 90% and form another possible continuation correction.
• If price does not push pass but instead rejected or form any type of LTF reversal Patterns I will not look to jump into this trade as the HTF and LTF will have conflicting Bais.
Thank you .
הערה
Correct Chart image to LTF above 🤦
פרסומים קשורים
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.