DXY - Hibernation Over - Ending Diagonal
DXY has been rising a lot recently, as per the previously posted Part 1 of 8 - USD alias "Dollar Hulk" - Green Bull Rodeo article.
It could be getting the hammer soon, as multiple signs are pointing towards a Bearish possible outcome:
-Expanding Ending Diagonal within Minute V (green)
-Contracting Ending Diagonal within Minuette (v) (black)
-Bearish Divergence (double confirmation)
-Fibonacci Extensions alignment
It could be getting the hammer soon, as multiple signs are pointing towards a Bearish possible outcome:
-Expanding Ending Diagonal within Minute V (green)
-Contracting Ending Diagonal within Minuette (v) (black)
-Bearish Divergence (double confirmation)
-Fibonacci Extensions alignment
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Down-trend sequence, looks to be starting nicely.Note
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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.