- May 13, 2021
- Posted by: Tradingshot Articles
- Category: Forex
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Pattern: Channel Down on 4H.
Signal: Sell as the price reached the 4H MA100 (green trend-line) which previous formed a Lower High on the pattern, while the RSI is on its Resistance Zone and the MACD about to make a Bearish Cross.
Target: 89.700 (just above the Support and the 1.236 Fibonacci extension).
Most recent DXY signal:
Tradingview link:
https://www.tradingview.com/chart/DXY/JDdj6xt2-DXY-Sell-Signal