This trade idea is very straightforward and simple. DXY is more likely showing the reversal pattern & bounced back from 9 years old trend line. RSI showing bullish divergence on 4H.
I will wait for the price to break above the dotted trend line in order to confirm the reversal.
TP @ 93.50
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position.
Transakcja zamknięta: osiągnięto wyznaczony cel
⋅
We have reached the target. You can take profits here or if you want to carry on the trade, you can move your SL to 92.50 & next TP @ 93.90