FullTimeTrader
Short

DXY-failed to hold above 100-ending diagonal

TVC:DXY   U.S. Dollar Index
561 2 17
Im closely following price action last days. We can see price is forming a wedge-ending diagonal.

This pattern suggest a swift strong decline. The confirmation for an entry is the red candle below the critical level 100.

Best regards.

*****************DISCLAMER********************************************************************
This is just and idea, not a recommendation to buy or sell.
Always do your own analysis and plan before opening a trade.
Any respectful and constructive ideas are welcome (agree or disagree).

very nice .... :)
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I see the same..
+1 Reply
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