DXY Is Very Bearish! Short!

2023年11月28日

Here is our detailed technical review for DXY.

Time Frame: 30m
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish

The market is testing a major horizontal structure 102.839.

Taking into consideration the structure & trend analysis, I believe that the market will reach 102.744 level soon.

P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.

Like and subscribe and comment my ideas if you enjoy them!

2023年12月1日

交易結束：目標達成

That was an excellent trade and the target was reached too!