DXY will Fall by Head and Shoulders Pattern⏰(1-Hour)⏰

4 oct. 2023

✅The DXY Index has managed to form a Head and Shoulders Pattern in the 🔴Resistance zone🔴.

🔨DXY broke the 🟢Support zone🟢 and Neckline hours ago.

🔔I expect DXY to start falling again to 🟡Price Reversal Zone(PRZ)🟡and Uptrend line after completing the pullback to Neckline.

U.S.Dollar Currency Index ( DXYUSD ) Analyze, 1-hour time frame⏰.

Do not forget to put Stop loss for your positions (For every position you want to open).

Please follow your strategy; this is just my Idea, and I will be glad to see your ideas in this post.

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4 oct. 2023

Transaction en cours

5 oct. 2023

Note

✅Running well✅

6 oct. 2023

Trade fermée: cible de profit atteinte

7 oct. 2023

Note

It seems that DXY was able to break the uptrend line, and we have to wait for DXY to touch the support zone.