DXY Index Is Ready to Go Upð
â
The DXY index has succeeded in breaking the ðīResistance zone($104.27-$103.80)ðī.
ðFrom the point of view of Classical Technical Analysis, DXY seems to have succeeded in forming an Ascending Broadening Wedge Pattern. Of course, we must wait for the reaction to the upper line of this pattern.
ðI expect the DXY index to rise to at least ðĄPotential Reversal Zone(PRZ)ðĄ.
U.S.Dollar Currency Index ( DXYUSD ) Analyze, 4-hour time frameâ°.
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 gladly see your ideas in this post.
Please do not forget the â ' like'â button ðð & Share it with your friends; thanks, and Trade safe.
ðFrom the point of view of Classical Technical Analysis, DXY seems to have succeeded in forming an Ascending Broadening Wedge Pattern. Of course, we must wait for the reaction to the upper line of this pattern.
ðI expect the DXY index to rise to at least ðĄPotential Reversal Zone(PRZ)ðĄ.
U.S.Dollar Currency Index ( DXYUSD ) Analyze, 4-hour time frameâ°.
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 gladly see your ideas in this post.
Please do not forget the â ' like'â button ðð & Share it with your friends; thanks, and Trade safe.
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ðif you want to learn Technical Analysis = Please Contact me
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