On background the down_trend we have the rising correction channel which was broken/ so we have a good opportunity to take short position/ setup pending sell order on breakout the fractal_based line
Good morning traders,
The DXY is the most common analysis of the USDollar but there are other symbols for other currencies.
From the chart I´ve created you´ll find historical strenght of a specific currency vs others, not a single one like EURUSD .
We can learn when to identify major shift trends
I hope it helps, if you like thumbs up :-) Feel free to...