Dollar Currency Index (DXY), 4-Hour, Supply reaction

2022年8月24日

I think there is a probability of a correction in the dollar index. We can notice a false breakout of the trend line and price reactions to the supply zones. It is not a perfect reversal or correction pattern (because there is no higher high), but we can expect it is a break of the structure (because of a supply reaction). Anyway, we should be careful on the nearest uptrend line and look carefully at the construction. Don't expect far TP as we have an overall uptrend.

2022年8月27日

註釋

Be careful on Monday.

2022年8月29日

註釋

New higher high.

2022年8月29日

註釋

We have a perfect potential reversal or correction pattern now. The first red Heikin-Ashi candle may be a great idea for shorting USD.

2022年9月3日

註釋

idea unrealized