I am looking for DXY( Dollar index) to move to the downside. Firstly, because price failed to break the resistance zone forming a double top and secondly, it respected the descending channel resistance as well. And price also moved to the downside with momentum and formed an exhaustion/correction.
I am looking for a potential sell-on AJ as there are several confluences with my bias such as price respecting the resistance that has been acting as strong support for a long time and it breaking and retesting the ascending channel, it formed at on lower timeframe.
