As I expected in the previous post, DXY reached the resistance lines.✅👇
💡If you look closely at the chart, you will notice that DXY is moving in an Ascending Channel.
💡It seems that DXY failed to break the resistance lines.
💡Also, we can see Regular Divergence(RD-) between consecutive peaks.
🔔I expect the DXY will go DOWN at least to the lower line of Ascending Channel.
U.S.Dollar Currency Index ( DXYUSD ) Analyze, 4-hour time frame⏰.
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 be glad to see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
💡If you look closely at the chart, you will notice that DXY is moving in an Ascending Channel.
💡It seems that DXY failed to break the resistance lines.
💡Also, we can see Regular Divergence(RD-) between consecutive peaks.
🔔I expect the DXY will go DOWN at least to the lower line of Ascending Channel.
U.S.Dollar Currency Index ( DXYUSD ) Analyze, 4-hour time frame⏰.
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 be glad to see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Trade attivo
Trade chiuso: obiettivo raggiunto
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🔔Please follow us on Telegram for more analysis.👉 t.me/ProTrader_365
📚if you want to learn Technical Analysis = Please Contact me👉 t.me/Ad_ProTrader365
