DXY growth with the help of Double Bottom pattern🚀

10 במאי 2023

DXY index managed to form a Double Bottom pattern near the🟢support zone($ 101.3-$ 100.82)🟢 so that Regular Divergence(RD+) can be seen between the first and second bottoms.

DXY has already completed the pullback to the neckline and is breaking the upper line of the descending channel.

I expect DXY to grow to at least the downtrend line after breaking the upper line of the descending channel.

U.S.Dollar Currency Index ( DXYUSD ) Analyze, 2h-time frame⏰.

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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11 במאי 2023

הערה

DXY was able to break the upper line of descending channel

15 במאי 2023

הערה

New update

16 במאי 2023

הערה

running well

21 במאי 2023

הערה

New update

Weekly Time frame