DXY Leaped From Support, Long Approach!

٢٢ يوليو ٢٠٢٣

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-:



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

Regards- Amit

٢٤ يوليو ٢٠٢٣

تم فتح الصفقة

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

٢٥ يوليو ٢٠٢٣

تم فتح الصفقة

Breaching yesterday's high it is good sign of reversal trending up

٢٧ يوليو ٢٠٢٣

تم فتح الصفقة

Price again retested support and trying to reaching target 1

٣٠ يوليو ٢٠٢٣

ملاحظة

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

١ أغسطس ٢٠٢٣

ملاحظة

Resistance target one complete, waiting for this resistance break

١١ أغسطس ٢٠٢٣

تم فتح الصفقة

Reached very close to falling trendline, it is very complicated area to be going on for it for final target

١٤ أغسطس ٢٠٢٣

أغلقت الصفقة: تم الوصول للهدف

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