Bullish DXY Setup: Riding the Fib Wave and Intraday Momentum

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Hello traders! Exciting times ahead as we explore a potential bullish setup on the U.S. Dollar Index (DXY). Here's the scoop:

Key Highlights:

  • HTF Fibonacci Levels: DXY is currently hovering around the 61.8% Fibonacci retracement on the higher time frame (HTF), indicating a potential area of support.
  • Intraday Bullish Momentum: Zooming into the intraday (LTF) price action, there's a noticeable surge in bullish momentum, adding an extra layer of optimism.
Đã hủy lệnh
LTF support was weak and did not hold. New week, new plan.. Stay tuned
FibonacciMultiple Time Frame Analysis

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