Hi Traders,
DXY is shaping up to see some momentum to gain some ground as we can see price is moving within a reversal structure and impulsively reversed off the bottom boundary of the HTF ascending channel creating continuation correction. On the LTF, we can see price was falling within a smaller wedge structure inside the HTF reversal stucture with a Breakout and now in a developing continuation correction.
Thanks
Trade Safe.
DXY is shaping up to see some momentum to gain some ground as we can see price is moving within a reversal structure and impulsively reversed off the bottom boundary of the HTF ascending channel creating continuation correction. On the LTF, we can see price was falling within a smaller wedge structure inside the HTF reversal stucture with a Breakout and now in a developing continuation correction.
Thanks
Trade Safe.