DXY Long

12 feb

1. On the weekly Time Frame the DXY has broken above a previous weekly resistance level (wPb).
   
2. Price has since Re-Tested this level and seems to be finding Support.
   
3. Last weeks candle (week 6) printed what I believe, has proven to be a strong reversal candle (with Bullish Divergence), indicating the bearish correction (Re-Test of wPb) is about to reverse Long.
   
4. In light of this I'll be looking for a reason to enter Long on the 4h Time Frame, inside the wPb Zone & aiming for the w6 High.
   

13 feb

Trade attivo

A 4H Trigger candle for Longs has printed inside the wPbZone (with bullish divergence).
I'm aiming for a 3:1 target initially but believe price could reach week 6 High at 109.881.
Let's see what happens.

7 giorni fa

Trade chiuso: stop raggiunto