- December 8, 2020
- Posted by: Tradingshot Articles
- Category: Forex
Pattern: Channel Down on 4H.
Signal: Sell as the price is approaching the 4H MA50, which has been rejecting every upside attempt since November 04. Also the RSI is at the top of its Channel Down and the MACD is repeating the November 10 – 13 sequence.
Target: 90.100 (-1.30% as per the November fractal).
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
——————————————————————————————————–
!! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !!
🎉 👍 Shout-out to TradingShot’s 💰 top TradingView Coin donor 💰 this week ==> TradingView
——————————————————————————————————–
Tradingview link:
https://www.tradingview.com/chart/DXY/Qou8DkCR-DXY-Bearish-until-Christmas