My trade idea is mainly based on DXY. It seems that the sideway range will likely be penetrated soon. As the mirror of DXY, I spotted that daily downtrend has been formed. Though, the demand zone is not far away.
I'm expecting a quick retest of the yellow zone on the daily chart before coming down to the daily demand zone where buyers may come in.
Trigger: quick retest and bearish formation on the 1H.
I will follow up and update the 1H chart then.
I'm expecting a quick retest of the yellow zone on the daily chart before coming down to the daily demand zone where buyers may come in.
Trigger: quick retest and bearish formation on the 1H.
I will follow up and update the 1H chart then.
plan your trade and trade your plan
