The DXY has been on a uptrend and know has finally made a new impulse to the down side with price braking the 4HR trendline and retesting it I'm expecting price to push down to reach -61.8 on minor and major structure for conformation on the move ill be waiting for a brake and retest the 30MIN trendline and the GDP was negative, I'm expecting the dollar to drop.
*Price is under Monthly Weekly and H4 Trendlines
*Price broke support on H4
*Waiting for price to reach my -61.8 on Minor Structure. Also my 61.8 on Major Structure aligns
*I have a yellow down trendline that also validates my Prediction
*price is above H1 (Brown Trendline) Brake and Retest on H1 Trendline will be a second entry
***DXY Looking to make a...
*Price broke uptrend trendline on H1
*Price was close to the downtrend trendline on H4
*waited for price to reach a retracement area on my Fib and made sure it was aligned with a support to resistance level
* Price did not completely do a retest on are H1 trendline but price did respect are support to resistance & -61.8 as expected so I placed a sell...
