DXY has been forming an inverse head and shoulders, with nice price action during the rate hike event. Watch for a break of the neckline for a favorable trade setup.
Note
So far so goodNote
Correction incoming on EURUSD. Watch for short at the top of the developing range. s3.amazonaws.com/tradingview/snapshots/i/iUPQgeQl.png
Trade active
Ok I'm in with 1/3 of my target lots. Look to start buying the dollar.Trade active
ok i'm longing with another 1/3 of my target lots. 2/3 total . this is hopefully the last wave down, nice entry price.Note
watch for bounce.s3.amazonaws.com/tradingview/snapshots/a/afkR1UQS.png
Note
Watch the ABC. I'm still long in this with 2/3. May add more soon.s3.amazonaws.com/tradingview/snapshots/0/0hrtTGfI.png
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.