Dollar Index (DXY) - Bearish Shark Pattern @ 97
This is the US dollar index.
Right now it is on a 4 hourly uptrend, looking to retest the highs at 97.
If it successfully retest 97, it will complete a bearish shark pattern which could easily see it falling back to 95.40.
Right now, it pays off to be patient, always buy low and sell high and vice versa.
These are the levels I will be keeping a close watch at.
EP 96.95 - 97.05
SL 97.50
TP1 95.40
TP2 94.20
No reaction, no trade.
Good luck and good trading!
Right now it is on a 4 hourly uptrend, looking to retest the highs at 97.
If it successfully retest 97, it will complete a bearish shark pattern which could easily see it falling back to 95.40.
Right now, it pays off to be patient, always buy low and sell high and vice versa.
These are the levels I will be keeping a close watch at.
EP 96.95 - 97.05
SL 97.50
TP1 95.40
TP2 94.20
No reaction, no trade.
Good luck and good trading!
