DXY has reached at the end of the channel within a consolidation zone. I warned earlier about DXY rising from the dead in my previous chart linked here.
Am expecting this uptrend to continue to the upper blue channel, if the blue channel breaks then we will head to the yellow channel at the top of the consolidation zone.
The uptrend can be confirmed with all the indicators i use.
Am expecting this uptrend to continue to the upper blue channel, if the blue channel breaks then we will head to the yellow channel at the top of the consolidation zone.
The uptrend can be confirmed with all the indicators i use.
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Trend up once again, fasten your belt. this is going to be a long ride
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wait for a breakout to the upside, then buy.
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the uptrend i was expecting from DXY happened 22 days late, I basically missed predicting another wave down. but since we are back in the same channel, we should still be able to hit the top of the channel and pass that heading to the yellow line.
SL : below yellow resistane