Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
DXY QUICK UPDATE 📚
👉 As we can see price is still overall bullish trading inside this rising broadening wedge pattern making clean higher highs and higher lows, and price recently rejected our lower zone and traded higher again!
👉Price approached a massive zone, resistance zone from higher time frame, lining up with our upper bound of this rising broadening wedge pattern acting as an over-bought zone.
Where we will be interested in looking for new bearish movement as a correction one, and as per my trading plan, I will be zooming into lower time frame to be confirmed, by any bearish reversal pattern. 📚
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
If you like the idea, do not forget to support with a like and follow.
DXY QUICK UPDATE 📚
👉 As we can see price is still overall bullish trading inside this rising broadening wedge pattern making clean higher highs and higher lows, and price recently rejected our lower zone and traded higher again!
👉Price approached a massive zone, resistance zone from higher time frame, lining up with our upper bound of this rising broadening wedge pattern acting as an over-bought zone.
Where we will be interested in looking for new bearish movement as a correction one, and as per my trading plan, I will be zooming into lower time frame to be confirmed, by any bearish reversal pattern. 📚
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!