vikinsa

DXY (USDOLLAR): Last Push Down Before Rise(Extended M Pattern)

Long
TVC:DXY   Indice devise Dollar U.S.
Traders, DXY (USDOLLAR) is being manipulated at the moment. We were expecting a push down but no so sudden. This last sudden move is actually good for us because that shows that very soon it is about to reach a level where it can be bullish again. An extended FCP (Fibonacci Confluence Pattern) has formed and market can simply go to the FCP zone below to collect the orders and rise up. If the market starts fall beyond that then 89.3-89.2 area is the next support.


Rules:
1. Never trade too much
2. Never trade without a confirmation
3. Never rely on signals, do your own analysis and research too

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-Vik

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