DXY Bearish Setup: Sell from Supply Zone to 99.100 TargetTrend: 📉 Bearish Bias
Key Zones & Strategy:
🔶 Supply Zone (Sell Area)
📍 100.584 – 100.906
⚠️ Price may face selling pressure here
🔵 Entry Point:
🎯 100.584 (bottom of supply zone)
🔴 Stop Loss:
❌ 100.906 (just above resistance)
🟢 Target Point:
✅ 99.100
📉 Aligned with lower support line
Technical Indicators:
📏 Descending Channel
🔽 Price moving within parallel downward trend lines
📊 EMA (70) – Orange Line
🔁 Acting as dynamic resistance
Trade Setup Summary:
📌 Sell in the Supply Zone
🛑 Stop Loss: 100.906
🎯 Target: 99.100
⚖️ Good Risk-Reward Ratio
Warnings & Tips:
⚡ Watch for Breakouts:
If price breaks above 100.906 ➡️ 📈 Bearish idea invalid
📰 Check News Events:
FOMC, CPI, or other USD events may cause volatility