DXY Bullish Idea
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Ranging
Trade scenario 1: Higher timeframes suggest we are still very bullish but we can clearly see the 4hour timeframe is ranging.
Ideally we can spot a higher low above the range & resistance at 96.300 before continuing higher.
Trade scenario 2: For us to consider DXY bearish we would need to see a lower high below the range.
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Ranging
Trade scenario 1: Higher timeframes suggest we are still very bullish but we can clearly see the 4hour timeframe is ranging.
Ideally we can spot a higher low above the range & resistance at 96.300 before continuing higher.
Trade scenario 2: For us to consider DXY bearish we would need to see a lower high below the range.
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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.
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.