DXY potential for correction

2022년 1월 31일

After reaching a Monthly Kijun Sen level, the DXY we can expect a correction phase for this week. That would mean that all pairs in USD could be affected by a weaker US Dollar on the short term at least.






Glossary :
TS = Tenkan Sen | KS = Kijun Sen | LS = Lagging Span/Chikou Span
DLY = Daily | WLY = Weekly | MLY = Monthly
TL = Trend Line | TP = Take Profit | SL/ INV = Stop Loss / Invalidation | TF = Timeframe

** THIS ANALYSIS IS MY OWN OPINION AND IS NOT A TRADING OR INVESTMENT ADVICE. ALWAYS TRADE WITH CARE **

2022년 2월 1일

노트

Price closing on the Monthly KS, which is a strong level where the price can get support to bounce back in the overall uptrend.

Breaking that level will open the way for a deeper correction, most likely to the Weekly Kijun (green line).

2022년 2월 2일

거래청산: 타겟 닿음

2022년 2월 2일

노트

If the breakout of the Monthly KS is confirmed tomorrow, the next logical target would be the weekly Kijun.