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Forrestmars
Aug 6, 2020 3:41 PM

DXY possible W formation ahead! Long

U.S. Dollar Currency IndexTVC

Description

Hello everyone, Looking at DXY, we can se a clear W forming. Hence the DXY was falling for whole July, we can at least expect a retracement if nothing else . We will be exiting the trade at the Number (4) And then wait if the neckline of W will serve as Support or Not. And after that we will again analyze the market and decide how to approach it.

All the best and always respect RISK MANAGEMENT!
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