Hi Traders,
Spotted a bullish flag here on DXY 4H. Let's see if this shoots up. On a Weekly the index has broken out of a bullish wedge having a great momentum so far. There's still some room to go higher.
Good luck.
Tony
Spotted a bullish flag here on DXY 4H. Let's see if this shoots up. On a Weekly the index has broken out of a bullish wedge having a great momentum so far. There's still some room to go higher.
Good luck.
Tony
Nota
A Closer look at 1H TF:Nota
The Index has broken the channel and has retested it.Nota
closer look at 15 minNota
The idea is valid, the index is pushing higher in today's session.Nota
The index prints bullish within channel being at a lower band at the moment - a correction is possible here Nota
There was a fake break out from the 15min bull channel Nota
Hi Traders, As you could spot on the previous snapshot, I have moved my original target for a flag/channel breakout from 103.34ish down to 103.200 as the actual breakout was ~102.500 (see pink "New Target Est.").
Nota
At the moment DXY sides in the range 102.750 to 103.200 forming two diamonds consecutive or embedded patterns which normally would warn about possible reversal.Nota
The last diamond has reverted the index back into upwards momentum, so as before we are still targeting the same 103.250ish area.Trade chiuso manualmente
Target Reached Trade chiuso: obiettivo raggiunto
Technical status update: Target reached.
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.