DXY Bullish Idea
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bullish
Trade scenario 1: We are looking bullish on DXY 4hour but we are consolidating just above our 109.500 zone.
For us to continue bullish we need to see a strong bounce off 109.500 with convincing bullish setups.
Trade scenario 2: For us to see DXY as more bearish we need price action to fall back below 109.500 with strong characteristics of a bearish trend, lower highs and lower lows.
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bullish
Trade scenario 1: We are looking bullish on DXY 4hour but we are consolidating just above our 109.500 zone.
For us to continue bullish we need to see a strong bounce off 109.500 with convincing bullish setups.
Trade scenario 2: For us to see DXY as more bearish we need price action to fall back below 109.500 with strong characteristics of a bearish trend, lower highs and lower lows.
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