DXY Short Scenario
Updated
DXY Short Scenario:
1. Open short when the triangle is broken downwards.
2. Take Profit when the price reaches the critical area.
Don't forget to put S/L.
* Remember, if the price breaks the triangle UPWARDS, opening a LONG position would be logical.
* I do not recommend you to insist and see the chart from only one perspective.
Stay Safe
1. Open short when the triangle is broken downwards.
2. Take Profit when the price reaches the critical area.
Don't forget to put S/L.
* Remember, if the price breaks the triangle UPWARDS, opening a LONG position would be logical.
* I do not recommend you to insist and see the chart from only one perspective.
Stay Safe
Comment
If price breaks the triangle upwards tonight, after FED interest rate decision, opening a long position would be a logical choice to catch the spike upwards!Otherwise, short set up that I posted is valid.
Trade closed: target reached
Took profit from the short position. Ascending support line is valid. Need to see couple of candles to make new analysis
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