Hello everyone! I want share my idea about DXY.
I shared my idea about USD where I said we trend change moves, this trend started with divergence and going up well, Friday closed with strong downtrend and stopped at trendline which gave us good opportunity for open long position and one good HL.
Trendline touch, Fibonacci LVL and trend moving gave us good entry point for long, here is me 2 scene of my price prediction. My position open is long!
1 Bullish scene - price continue moving up, brake strong resistance at 103.400 then retest it and go to weekly resistance.
2 Bearish scene - Price will brake trendline and support then make retest at 102.750 and continue moving down for retest weekly strong support at 101.100.
Be Patient!!!!
I shared my idea about USD where I said we trend change moves, this trend started with divergence and going up well, Friday closed with strong downtrend and stopped at trendline which gave us good opportunity for open long position and one good HL.
Trendline touch, Fibonacci LVL and trend moving gave us good entry point for long, here is me 2 scene of my price prediction. My position open is long!
1 Bullish scene - price continue moving up, brake strong resistance at 103.400 then retest it and go to weekly resistance.
2 Bearish scene - Price will brake trendline and support then make retest at 102.750 and continue moving down for retest weekly strong support at 101.100.
Be Patient!!!!
I was wrong, i got stop, but my stop was in profit.
Always look at your position and move your stop lose in profit.