Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
All eyes on DXY, what's next!
As we can see price is still overall bearish , Making clean lower lows and lower highs.
However, price is still around a support zone, and price is forming a inverse head and shoulders pattern it's still an idea.
If the price managed to trade higher and break above our neckline and resistance zone, then a further movement higher would be expected.
Until that happens, we are still bearish, and price can still trade lower and lower.
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
If you like the idea, do not forget to support with a like and follow.
All eyes on DXY, what's next!
As we can see price is still overall bearish , Making clean lower lows and lower highs.
However, price is still around a support zone, and price is forming a inverse head and shoulders pattern it's still an idea.
If the price managed to trade higher and break above our neckline and resistance zone, then a further movement higher would be expected.
Until that happens, we are still bearish, and price can still trade lower and lower.
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!