Community discussions
๏ปฟEntry Zone: 98.889 โ 99.357 (Bearish Order Block zone)
Stop Loss: Above 99.400
Take Profit (Target Point): 97.073
Trend Bias: Bearish Reversal
Timeframe: 4H
Confirmation:
Rejection from Bearish OB zone โ
Price overextended above EMA 70 & 200 โ
Channel top resistance rejection โ
Signal Summary:
๐ SELL DXY near 98.9โ99.3, targeting 97.07 for a 1.83% downside move, with stop loss above 99.40.
High confluence bearish setup โ suitable for swing trade.

Confirmation: Bearish rejection candle or break below minor flag trendline
๐ฏ Targets:
TP1: 96.950
TP2: 96.784 (Main Target Point)
๐ Stop Loss: 97.850 (Above supply zone high)
๐ Strategy Confluence:
Downtrend within descending channel
EMA 70 acting as dynamic resistance
Supply zone rejection area
Bear flag continuation pattern
๐งญ Bias: Bearish โ Expect continuation to the downside toward 96.784


Entry Zone: 98.020 โ 98.319 (FVG Selling Zone)
Stop Loss: 98.450 (above channel resistance)
Take Profit (Target): 96.568
๐ Strategies Used:
1. Trendline/Channel Strategy โ Price respects descending channel.
2. EMA 70 Strategy โ Price trading below EMA, showing bearish momentum.
3. Supply & Demand (FVG Zone) โ Strong supply at 98.0โ98.3.
4. Price Action โ Lower highs confirm bearish continuation.
โ Bias: Bearish
โ ๏ธ Manage risk with stop above 98.450.

Take Profit (TP): 98.737
Stop Loss (SL): 97.742
๐ฏ Signal Type: BUY
Risk/Reward Ratio (approx): 1:4
Trend Bias: Bullish as long as price stays above 97.742
โ If DXY breaks above 98.200 (resistance zone), momentum should strengthen toward the 98.737 target.
โ If price falls below 97.742, the signal is invalidated and may retest 97.600 support zone.

โDXY Bearish Reversal From Supply Zone โ Entry, Target & Stop-Loss Setupโ
๐ฏ Trade Setup Details:
๐ต Entry Zone (Sell/Short Entry):
99.083 โ 99.567 (Key Supply Zone)
๐ฏ Target Point:
97.116
โช๏ธ Potential drop of -1.875 points (-1.89%)
๐ Stop-Loss:
Above 99.567
โช๏ธ Ideal SL at ~99.700 to protect from breakout above the supply zone

Technical Analysis:
๐น Structure:
The DXY (US Dollar Index) has formed a bullish flag pattern after a strong impulsive move upward, followed by a correction. The price broke out above the resistance zone (~99.50), but faced immediate rejection near the 100.50 level, creating a short-term pullback.
๐น Support Zone:
Key support is holding at 98.435, a historically reactive area. Price action shows signs of a potential retest pattern, suggesting bulls may reclaim control after a consolidation period in this zone (marked by the boxed range and bullish rejection wicks).
๐น Bullish Signals:
๐ข Higher lows highlighted by orange circles indicate a consistent upward trend.
๐ฉ Strong bullish candle on July 25โ29 broke structure and confirmed momentum shift.
โ Possible inverse head & shoulders forming in the consolidation range (black box).
๐น Target:
If buyers defend the support zone and reclaim bullish momentum, the projected target is around 100.879, aligning with previous resistance and measured move projection.
๐น Bearish Scenario:
If price fails to hold 98.435 support, further downside towards 97.50 could be expected.
Summary:
๐ Watch for a breakout from the current consolidation range. A confirmed bullish structure above 99.50 with volume could trigger a run toward 100.879. Risk management is key as the zone is still under test.
