4 hr. DXY Downtrend continuation . wait for the bottom
Here's the DXY I expect a test of Demand below - watching MacD & Stoch for confirmation of bottom . expect stop grabs both ways - be careful out there . FYI Demo trading .
Note
Well we finally have our test of support with a display of stop grab manipulation . Things should reverse soon- somewhere in Demand Z- keep an eye on DXY (what would you do if you controlled the market ? ) - watching for a bottom - DXY is down heavy EU is V high - My guess is correction w/manipulation on all 3 . Watch your stops -be careful out there . New chart to follow .
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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.