DXY Leaped From Support, Long Approach!

Zaktualizowano
Hi mates, Sharing daily time frame chart of DXY as it is looking that price bounced and trying to reverse from a long support and closed above resistance which earlier was a good support for it so i am planning to go long in it as a reversal trade here R:R seems very attractive to me, This analysis is completely based on price action nothing else i used in this. much awaited for your valuable feedbacks support and views for it kindly share, Thanks in advance.

Targets based on supply zone and falling resistance.

Long Support-:

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This is not and trade or investment advice. This publication is meant for only learning purpose.

Regards- Amit
Zlecenie aktywne
It seems that bounce is sustain above resistance, just checked hourly chart it is looking that it could retest it's support again, keep on watch
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Zlecenie aktywne
Breaching yesterday's high it is good sign of reversal trending up
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Zlecenie aktywne
Price again retested support and trying to reaching target 1
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Uwaga
Price almost touched resistance target 1 on last session, now hoping that will cross that resistance and look forward towards target 2. Higher high day closing gives some more confidence to me
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Uwaga
Resistance target one complete, waiting for this resistance break
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Zlecenie aktywne
Reached very close to falling trendline, it is very complicated area to be going on for it for final target
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Transakcja zamknięta: osiągnięto wyznaczony cel
Target accomplished 103.372 from 101.085 mentioned on this publication, i am so happy by closing this trade as target cheers mates thank you for support
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Supply and DemandSupport and ResistanceTrend Lines

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