Mr_J__fx

$DXY - Incoming Resistance at 107.350

Mr_J__fx Updated   
TVC:DXY   U.S. Dollar Index
Dollar Index having an explosive day approaching the first target shared on previous ideas, that of White Fibbonnaci Level 1.618 sitting at 107.35
Does $DXY find a stop there, continues to correct before the next leg up at Macro Orange Fibbonaci level 1.618 at 111 for the DXY ?
Interesting times ahead !
2022 has been epic, and of course we've been short biased, shorting the markets since mid-late December
It's been hell of a cliff ride with our bears as it doesn't matter the trend my friend, you can always get the best of both worlds .



TRADE SAFE

Note that this is not financial advice!
Please do your own research when it comes in to investing your money in the Markets

Comment:
Comment:

First signs of Rejection form 107.350 level printed on price action candlestick.
Boy oh Boy look at that Wick Refusal

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.