Spotted a bullish flag here on DXY 4H. Let's see if this shoots up. On a Weekly the index has broken out of a bullish wedge having a great momentum so far. There's still some room to go higher.
Good luck.
Tony
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A Closer look at 1H TF:
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The Index has broken the channel and has retested it.
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closer look at 15 min
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The idea is valid, the index is pushing higher in today's session.
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The index prints bullish within channel being at a lower band at the moment - a correction is possible here
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There was a fake break out from the 15min bull channel
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Hi Traders,
As you could spot on the previous snapshot, I have moved my original target for a flag/channel breakout from 103.34ish down to 103.200 as the actual breakout was ~102.500 (see pink "New Target Est.").
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At the moment DXY sides in the range 102.750 to 103.200 forming two diamonds consecutive or embedded patterns which normally would warn about possible reversal.
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The last diamond has reverted the index back into upwards momentum, so as before we are still targeting the same 103.250ish area.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.