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Trading2ez
Apr 21, 2021 8:03 AM

DXY could fall again! Short

U.S. Dollar Currency IndexTVC

Description

DXY (US-DOLLAR-INDEX) is re-testing the trendchannel and a strong resistance again 👉


Have you noticed the S/H/S-Pattern for EUR/USD in the 1-Hour-Chart? It could be completed when DXY reaches the zone and could provide us an opportunity to buy the DIP of EUR/USD.

Additionally, SPX500 is showing a strong bullish orderflow (but weak volume)... if it breaks the resistance we get the perfect confluence I`m always looking for.

Let`s see what happens!🙏
Comments
LairineMedico
Good work forever...i like your ideas.
Trading2ez
@LairineMedico, thans a lot glad u enjoy =)
KarenKujou
same view like me....keep it up!!!!! :)
Trading2ez
@KarenKujou, YES NICE =)
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