See Signposts for key price action details.
- Structurally, further downside expected as DXY has further upside.
- Very minor fakeout happening as well. Upside is not sustaining on this pair.
Note
Note: Ideas published represent my viewpoints on anticipated structural directional moves. I do not post trade parameters (i.e. entry, take profit, stop loss, alternative exit points, etc.) as actual execution may differ from the respective trade idea published. My trades evolve around my expectancy with certain planned R-multiple and win rate. Use as your own discretion.Note
Look at the DXY:Here's a look at the structural levels:
Recall: this idea was actually previously posted, this is a continuation based on the latest level.
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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.