We just clone the bars from point A to point B and after plotting it above the resistance line we found that DXY will try to tap both the imbalances which will get it as high as 133.
Seems unrealistic but this is what we are seeing on chart.
So far DXY has broken both the strong resistance we can expect some more upside from it.
Very interesting analysis. Could I suggest you stop calling readers “birdies” it’s a bit cringey mate 😉
BlackBirdTrading
⋅
@FreshCrypto, Thanks. Awwww I just derived it from our name BlackBird so Bird has birdies :smiles: If you can suggest something else I will be grateful
FreshCrypto
⋅
@BlackBirdTrading, pls take no offense. I think if you just say Blackbird here with a new post or something similar is better.
BlackBirdTrading
⋅
@FreshCrypto, None taken brother. I always thought it sounds cool If you also think that birds are meant to fly high in the sky and we mean it when we post any idea.