makuchaku

DXY (Dollar Index) 4H : Trapped buyers waiting to exit

Short
ICEUS:DX1!   U.S. Dollar Index Futures
DXY is currently bearish on all timeframes - D, W, M and it has now trapped a bunch of buyers in a false breakout on 4H - who would love an exit when price comes back to them!

For reference, DXY on Daily

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.