DXY - Bull pennant retracement - DPO analysis
DXY is showing some signs of bearish divergence forming on the DPO indicator.
Looking for a fib retracement from the bull pennant before potential long continues
Average in over the next few hours.
Or set alert on the DPO to crossunder 0 for a more conservative entry.
Looking for a fib retracement from the bull pennant before potential long continues
Average in over the next few hours.
Or set alert on the DPO to crossunder 0 for a more conservative entry.
Note
Sorry I didn't expect Tp1 to hit so fast!:)
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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.