"Plan the Short: DXY Targeting 98.004 "

2. Current Price:

Around 99.587 💵

3. Indicators:

EMA 70 (Exponential Moving Average) ➡️ 99.442 📈

Price is dancing around the EMA, meaning trend is a bit bullish for now.

4. Chart Pattern:

Price moving inside an ascending channel 📈➰
Bouncing between channel support and resistance levels ⚡

5. Trading Plan:

Wait for price to reach the blue resistance zone ⬛ (around 100.5 to 100.9)

Look for sell (short) signals after reaching there ⛔

Expecting a reversal and drop down to target 98.004 🎯

6. Stop Loss & Target:

STOP LOSS: 🔴 100.870 (above resistance zone)

TARGET: 🎯 98.004

7. Key Observations:

Current Trend: Short-term bullish 📈 inside channel

Expected Move: Reach blue box ➡️ sell ➡️ fall toward 98.004 📉

News Events: Upcoming 📅🔔 (could create volatility)

Summary:

* 📈 Uptrend inside a channel.
* ⬛ Wait for price to hit the blue zone (100.5–100.9).
* ⛔ Look for short signals in the zone.
* 🔴 Stop Loss: 100.870.
* 🎯 Target: 98.004.
* ⚡ Watch out for news events that can move the market!