💸DXY Index💸 will Go Up by Falling Wedge Pattern⏰(1-Hour)⏰
✅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.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
💡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.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Trade active
Comment:
DXY was able to break the upper line of Falling Wedge.
Comment:
DXY reacts well to 🟡Price Reversal Zone(PRZ)🟡.
Trade closed: target reached
Comment:
DXY reacted well to the uptrend line, and I expect that DXY will go up again in the short term.
