💸DXY Index💸 will Go Up by Falling Wedge Pattern⏰(1-Hour)⏰

11 oct. 2023

✅The DXY Index has completed a Falling Wedge Pattern in the 🟢Heavy Support zone($105.80_$104.530)🟢 and 🟡Price Reversal Zone(PRZ)🟡.

💡Also, we can see Regular Divergence(RD+) between two consecutive valleys.

🔔I expect the DXY Index will go UP after breaking the upper line of the Falling Wedge Pattern to the 🔴Resistance zone🔴.

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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11 oct. 2023

Transaction en cours

11 oct. 2023

Note

DXY was able to break the upper line of Falling Wedge.

12 oct. 2023

Note

DXY reacts well to 🟡Price Reversal Zone(PRZ)🟡.

12 oct. 2023

Trade fermée: cible de profit atteinte

13 oct. 2023

Note

DXY reacted well to the uptrend line, and I expect that DXY will go up again in the short term.