DXY - Retest of Channel tops or drop to support?...
- DXY is confined within an Ascending channel
- Recently tested the top of the channel and retreated, creating a short term lower low
- Gone bullish again as of recent so the three scenarios I can see are:
1. Retest top of channel resistance and drop
2. Retest top of channel and break through creating higher highs
3. Drop to retest channel support/possibly break through
NOTHING IS EVER CERTAIN,
THIS IS NOT TRADE ADVICE NOR A TRADE CALL
- Recently tested the top of the channel and retreated, creating a short term lower low
- Gone bullish again as of recent so the three scenarios I can see are:
1. Retest top of channel resistance and drop
2. Retest top of channel and break through creating higher highs
3. Drop to retest channel support/possibly break through
NOTHING IS EVER CERTAIN,
THIS IS NOT TRADE ADVICE NOR A TRADE CALL
Kommentera:
DXY looking like it may be attempting to break lower...