DXY - ACCUMULATION
Price was initially a distribution in my eyes but i've now changed my bias as i'm now seeing it as a much larger 4h accumulation due to the fact that we had the break but we failed to close below the area i've marked out as my new spring.
I now want to see a break and re test of the trendline for me to start look for long positions
leave your thoughts down below !
Price was initially a distribution in my eyes but i've now changed my bias as i'm now seeing it as a much larger 4h accumulation due to the fact that we had the break but we failed to close below the area i've marked out as my new spring.
I now want to see a break and re test of the trendline for me to start look for long positions
leave your thoughts down below !
Trade closed manually
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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.
