DXY on the daily chart is coming from a series of powerful high highs higher lowes and the main trend is surely bullish.
The market anyway might be looking for a pause and on the chart we can see hoe the support trendline has been tested now.
How can i approach this scenario?
I will monitor the market during the US session and if the price will break and close below the area i will consider a short on the US pairs.
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Follow the Shrimp đŚ
Keep in mind.
⢠đŁ Purple structure -> Monthly structure.
⢠đ´ Red structure -> Weekly structure.
⢠đľ Blue structure -> Daily structure.
⢠đĄ Yellow structure -> 4h structure.
⢠âŤď¸ Black structure -> >4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger