ThemasterFxIdea

DXY on the 1H time-frame

TVC:DXY   U.S. Dollar Index
DXY on the 1H time-frame.
Steps:
1. The price created the higher low and formed the triangle pattern at this time.
2. If the price breakout the upper triangle and also breakout the previous high then there will be an uptrend.
3. If the price breakout the lower triangle there will running to the TP3 at 88.863 at Fibonacci level 423.6%
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.