$DXY Analysis May 1, 2022
The dollar index has been quite unstoppable lately making new highs and breaking above lower time frames resistances.
I expect some corrections at this level, especially now we are approaching high time frames horizontal resistance which makes me expect it to go lower at least to retest the previous range resistance on 4h time frames.
The Setup is crystal clear Optimal entry below a BOS as shown on my charts.
Good luck!
I expect some corrections at this level, especially now we are approaching high time frames horizontal resistance which makes me expect it to go lower at least to retest the previous range resistance on 4h time frames.
The Setup is crystal clear Optimal entry below a BOS as shown on my charts.
Good luck!
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