Price has formed a clear reversal pattern on the higher timeframe, suggesting a major correction phase that may sweep all order blocks within the weekly zone before resuming its move to the downside.
This aligns with DXY, which recently broke its nearest resistance and is now in a corrective phase before potentially continuing its bullish momentum.
Possibly fueled by upcoming news. Let’s see how it unfolds.
Disclaimer:
This is simply my personal technical analysis, and you're free to consider it as a reference or disregard it. No obligation! Emphasizing the importance of proper risk management—it can make a significant difference. Wishing you a successful and happy trading experience!
This aligns with DXY, which recently broke its nearest resistance and is now in a corrective phase before potentially continuing its bullish momentum.
Possibly fueled by upcoming news. Let’s see how it unfolds.
Disclaimer:
This is simply my personal technical analysis, and you're free to consider it as a reference or disregard it. No obligation! Emphasizing the importance of proper risk management—it can make a significant difference. Wishing you a successful and happy trading experience!
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.