DXY Fresh supply zone after inside bar breakdown
Yesterday DXY was an inside day breakdown to make a new pivot low, what a nice inside bar trading day yesterday!
The breakdown formed a fresh supply zone that will interest me very much!
Both EURUSD and GBPUSD have a corresponding set-up right there.
While, this will be a little tricky as what this trade really want is a fast and direct pullback,
if it has some consolidation , making lower lows, and forming a new little uptrend to test the zone,
actually the trade will be a much lower rating trade.
So let's try to define a time frame limit for this trade, I would love to stay in this idea until next Friday lol.
Let's see how it goes!
The breakdown formed a fresh supply zone that will interest me very much!
Both EURUSD and GBPUSD have a corresponding set-up right there.
While, this will be a little tricky as what this trade really want is a fast and direct pullback,
if it has some consolidation , making lower lows, and forming a new little uptrend to test the zone,
actually the trade will be a much lower rating trade.
So let's try to define a time frame limit for this trade, I would love to stay in this idea until next Friday lol.
Let's see how it goes!
Note
inside day yo~
Note
broke the supply zone, kinda turning bullish yo!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.