Ramokaelo

What i see coming...

Short
TVC:DXY   U.S. Dollar Index
What i see coming for this chart is sells...
This is because going to the higher time frame(daliy)
I see that the market is below the previous low. The breakout further created a continuation pattern that confirmations more movements to the downside.
Which can be invalidated in the manner.
Since the market is at the low. The market can revers back up to touch the high of the bigger time frame(daliy time frame)
This is how i will enter sells.
When the market breaks out the ascending structure(1hour). Then that will be a confirmation to take sells.
Exit points...
Are indicated on the post.
Use proper risk management
Please share your thoughts on this post
Lets do the most 🤙💯

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.