TradingView
Lingrid
Nov 12, 2020 6:55 AM

DXY finish growth and START FALLINGΒ Short

U.S. Dollar Currency IndexTVC

Description

β‹…
As you can see, my last forecast came true perfectly, bringing us a good profit.



Let me remind you of what I said last time.
"During the sharp fall, the price broke through the line. Resistance and now we see that it has come to a strong support level. And this gives us a good signal to open a buy trade! I expect the price to bounce off the level and rise back to the resistance line. "

Let me remind you that before that the price was fter a short movement along this line, she fell.



Now we see that after a slight correction, the price again approaches the resistance line. I expect it to touch this line and only then will it begin to fall. The target in this case is the support line.

Traders, if you liked this idea or have your opinion on it, write in the comments. I will be gladπŸ‘©β€πŸ’»
Comments
IamPhoenix33
β‹…
@Lingrid Do you think the DXY inverse correlation with Bitcoin is strong or weak in the short term? In the long term I expect the inverse relationship will be strong. πŸ™πŸΌπŸ•‰οΈπŸ’š
Lingrid
β‹…
@IamPhoenix33, i am pleased that you shared your opinion
same)
TradingAlchemist
β‹…
dxy go up?
Lingrid
β‹…
DeGRAM
β‹…
I agree with you. Resistance lines drive down
Lingrid
β‹…
@DeGRAM, πŸ₯°
Solldy
β‹…
The resistance line may again miss the price!
Lingrid
β‹…
@Solldy, i don't think that will happen
More