DXY H4
As discussed last night on the weekly watchlist video, DXY could start to see some rejections and corrections from the late rally we saw last week off the back of AE/UE and NFP figures. Still very much bullish bias for the USD this week.
Nothing like a market correction to grab entries on instruments like GBPUSD, XAUUSD shorts. Hopefully this correction...
In this situation DXY chart Bearish Harmonic pattern .
So, market need to seems SELL correction at 109.327 or 108.500 support
level. Then Market fully BUY to 109.900 ; 110.240 & 110.500 resistance level.
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Hi Traders, USDCAD on H4 in the Bullish channel, has been making HHs and HLs, it might go back all the way down to 1.2497 and then goes higher.
⬆️Buy now or Buy at 1.2497
⭕️SL @ 1.2404
✅TP1 @ 1.266
✅TP2 @ 1.279
✅TP3 @ 1.2905
We will have more FREE forecasts in TradingView soon
❤️ Your Support is really...
Pattern: Channel Up on 4H.
Signal: (A) Sell as it approaches the Higher High trend-line of the pattern, (B) Buy when it approaches the Higher Low trend-line.
Target: (A) 93.70 (potential -1.10% drop from the symmetrical Higher High), (B) 95.00 (just below the Higher High trend-line).
Most recent DXY signal:
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