Elev8Trades

Looking to see if DXY re accumulates

Long
TVC:DXY   U.S. Dollar Index
Last week was definitely a lesson learned. This week working on my patience and really waiting for the market to show me direction, without marrying a bias.

Currently seeing DXY coming into the extreme of the trading range, understanding price can alway re accumulate at a previous are of accumulation. I want price to show me re accumulation before I start looking for price to continue higher.

If we don’t get clear re accumulation then either we sweep the low then accumulate, or just continue lower since price is coming in a bearish counter trend.
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