Índice Dólar
Short

DXY ready to drop ?

106
DXY trade setup for today :
Before we look at potential entry in this pair first let’s look at multiple timeframe analysis in this market.
Monthly: 100.24 Monthly resistance price has got rejection strongly from the top
Weekly: Bearish engulfed formation with strong liquidity grab
Daily: A sharp rejection with liquidity grab from the resistance
Entry timeframe 4H : Upon retest of the order block, market has got rejected and potentially breaking out of the market structure to continue to drop to support level.
Possible trade recommendation : Bearish entry with SL above sessions high

Aviso legal

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