ABDOLLAR_FX

dollar shows a bullish reversal pattern

Lång
TVC:DXY   Valutaindex för U.S. dollar
as we can see from the chart, DXY has an ends the day with an hammer ( in which the lower shadow is at least twice the size of the real body.Hammers signal a potential capitulation by sellers to form a bottom, accompanied by a price rise to indicate a potential reversal in price direction.

This hammer is seen sitting below an ending diagonal. An ending diagonal is a type of impulsive motive wave in Elliott Wave Theory that will be found in the subdivision of fifth waves or whole C waves in a structure. An ending diagonal C wave or 5th wave commonly shows an obvious wedge shape with an overlapping wave 1 and wave 4. These will subdivide into 3-3-3-3-3.

To get precise entry price, SL and TP for all our trade signals and analysis join my telegram channel 👉 t.me/forexhub_channel 🚀🚀🚀

You cna always chat me up directly t.me/abdollar_fx
Frånsägelse av ansvar

Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.