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emmanuelhotforex

EXPECTING A BULLISH MOVEMENT ON DXY D1 TIMEFRAME

Long
US DOLLAR CURRENCY INDEX (INDEX:DXY)  
emmanuelhotforex  
INDEX:DXY   US DOLLAR CURRENCY INDEX
Trend Analysis Chart Patterns Beyond Technical Analysis
1
0
trendanalysis chartpattern beyondta
As everyone can see on DXY daily timeframe we brokeout from a weekly trendline support,retested and now we're headed to the downside and on the process we are kind of seeing a potential descending triangle where we spotted a falling wedge as a confirmation to go long from that demand zone.So we're buying as soon as we see a break above the falling wedge.

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