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CandlesofKarma
12 สิงหา 2022 เวลา 12 นาฬิกา 3 นาที

DXY Trend Technically Broken ? 8/12/22 Analysis 

U.S. Dollar Currency IndexTVC

คำอธิบาย

I wanted to post this analysis for educational purposes. A lot of traders base their trades on trendlines to understand that the market is trending. Just because a trendline is broken, it doesnt necessarily mean a trend is broken as you can see here for the dollar index.

ความคิดเห็น

It is imperative to look for confirmations on the lower timeframe to ensure price has formed a strong market structure for this break. If you know this pair well, you can also use a price filter.

ความคิดเห็น

Heavy momentum coming back into the channel

ความคิดเห็น

As you can see the trend has not been broken yet even thou price broke the trendline.

ความคิดเห็น

We have now broken back into the channel
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