US DOLLAR: Sell Opportunity after support break

1 mars

DXY has broken below a key support zone, indicating a potential shift in momentum. The price is now retesting this zone, which previously acted as support and could serve as resistance, aligning with a potential bearish continuation.

If sellers confirm resistance at this level, the price is likely to decline further toward the 105.800 target, which aligns with a major support level. Conversely, a breakout above the zone could signal further upside.
Before considering short positions, look for bearish confirmation signals such as bearish engulfing candles, strong wicks rejecting the resistance zone, or increased selling volume.

Just my take on support and resistance zones—not financial advice. Always confirm your setups and trade with solid risk management.
Best of luck!

3 mars

Transaction en cours

3 mars

Note

Trade is going well, I moved my SL to BE just in case it comes back.

il y a 7 jours

Trade fermée: cible de profit atteinte