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
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
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Join Free Telegram
telegram.me/+c_SYe23QL-RjZDE1
Chat With an Admin
t.me/forexwizard333
Signal & Education Website
forextradingwizard.com/
YOUTUBE CHANNEL
bit.ly/3GmqN1E
telegram.me/+c_SYe23QL-RjZDE1
Chat With an Admin
t.me/forexwizard333
Signal & Education Website
forextradingwizard.com/
YOUTUBE CHANNEL
bit.ly/3GmqN1E
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
