Hi Traders!
There is a bull flag pattern developed on the DXY 4H chart.
Here are the details:
The price action looks bullish, and the market looks like it is about to complete the consolidation phase in the flag's channel as the flag pattern is in its late stages.
The market is still above the 20 EMA, which is a bullish signal. As long as the market remains above the EMA and flag channel support, our view will remain bullish.
Preferred Direction: Buy
Resistance (FLAG CHANNEL): 104.669
Support (FLAG CHANNEL): 103.808
Technical Indicators: 20 EMA
Please make sure to click on the like/boost button 🚀 as your support greatly helps.
Trade safely and responsibly.
BluetonaFX
There is a bull flag pattern developed on the DXY 4H chart.
Here are the details:
The price action looks bullish, and the market looks like it is about to complete the consolidation phase in the flag's channel as the flag pattern is in its late stages.
The market is still above the 20 EMA, which is a bullish signal. As long as the market remains above the EMA and flag channel support, our view will remain bullish.
Preferred Direction: Buy
Resistance (FLAG CHANNEL): 104.669
Support (FLAG CHANNEL): 103.808
Technical Indicators: 20 EMA
Please make sure to click on the like/boost button 🚀 as your support greatly helps.
Trade safely and responsibly.
BluetonaFX
註釋
Flag complete
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JOIN OUR FREE TELEGRAM CHANNEL
t.me/bluetonaFX
t.me/bluetonaFX
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。