VasilyTrader

DOLLAR INDEX (DXY) Bearish Wave is Coming? 💵

Short
TVC:DXY   U.S. Dollar Index

Hey traders,

This week, Dollar Index broke and closed below key daily structure support.
Now we see its retest.

Analyzing the reaction of the price to the broke structure, I spotted a cute double top formation on 1H time frame.
Its neckline breakout will most likely trigger a strong bearish move.

First goal - 101.7

❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️

✅Join My Telegram Channel: t.me/VasilyTrading

❗️YouTube Channel www.youtube.com/c/VasilyTrader

💰Instagram: www.instagram.com/VasilyTrader/ 💰

✅Facebook: www.facebook.com/VasilyTrading/
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.