DXY - Technical Analysis
Weekly
So last candle traded to weekly VI then closed below old L, 0.5 of weekly candle wick & P is close to sellside. Looking for P to trade lower. Noting that monthly candle is about to close soon, let's see how P close today. We also have NFP eco news this week.
Daily
Potential SFP is forming, I'm leaning toward P to trade a bit higher. Let's see how P reacts when it trades to 0.5 daily wick. Noting that P has just tagged Last D L. It could just trade lower from here.
H1
Looking for P to trade to 0.5 daily wick and how it reacts to that one. Noting that we have equal Hs right above 0.5. Let's see how intraday PA gives me going to trading hour.
If you find this helpful, support my twitter in my bio. Cheer! đ«Ą
My Technical Analysis Abbreviations
#DXY #TradingMadeEasy #tradingtechnique #CryptoMarketMoves #DayTradingTips
