DXY 96.07 - 0.74% SHORT IDEA * PRICE ACTION & REVERSAL PTTNS

HELLO EVERYONE

HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE, HERE'S A LOOK AT POSSIBLE SCENARIOS THAT COULD PLAY OUT IN THIS WEEK ON THE DOLLAR INDEX .

- The index is currectly showing signs of exhastion at the recent high.
- price action is currectly possibly forming a not so perfect H&S at the roof of the rally.
- looking for a retracement to FIB LEVEL 0.618 % AS THE overall target.

lets see how the week goes.
here's what we had on the in the index in the past week.

https://www.tradingview.com/chart/DXY/ixBe4EY0-DXY-96-06-0-57-LONG-IDEA-TREND-CONTINUATION/


IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE
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ALWAYS APPRECIATED
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* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
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| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - SWING TRADE
Chart PatternscontinuationpatternsDXYdxyindexFibonacci Retracementhead_and_shoulderTechnical IndicatorspriceactionanalysispulemokhothuTrend Analysis

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