The chart I analyse the most is DXY.
Why you may ask?
Because it encompasses all pairs, get the direction right and you're already right on almost other currency pairs too. There are exceptions tho, but that is for another day
DXY is forming a textbook rising wedge pattern on a downtrend and the bias is sell. (Rising wedge breaks downwards). Keep it simple
I'm posting it for you to find buy entries on cross pairs.
I've already shown you one on EUR.
I want to post on USDCHF and USDCAD but I will take it you get the gist.
Buy XXXUSD and sell USDXXX, you can wait for volatility in the morning.
Fun fact, I've never hit sl on DXY this year
Why you may ask?
Because it encompasses all pairs, get the direction right and you're already right on almost other currency pairs too. There are exceptions tho, but that is for another day
DXY is forming a textbook rising wedge pattern on a downtrend and the bias is sell. (Rising wedge breaks downwards). Keep it simple
I'm posting it for you to find buy entries on cross pairs.
I've already shown you one on EUR.
I want to post on USDCHF and USDCAD but I will take it you get the gist.
Buy XXXUSD and sell USDXXX, you can wait for volatility in the morning.
Fun fact, I've never hit sl on DXY this year
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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.
Related publications
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.