DXY 99.62 -0.19% SHORT IDEA
Updated
GOOD DAY EVERYONE
HERE'S A SHORT IDEA ON THE DOLLAR INDEX, WE SAW A BREAKOUT OF THE ASCENDING CHANNEL CAME BACK UP FOR A RETEST OF THE STRUCTURE AND HOPEFULLY THIS SIGNALS A MOVE TO THE DOWNSIDE.
> WE ARE TRADING AT 38.2% FIBONACCI LEVEL IF IT HOLDS AS SUPPORT WE MAY SEE A RISE TO THE UPSIDE
> TARGET 1 - 99.07
> TARGET 2 - 98.82
SL - RISK MANAGEMENT AND YOUR RULES
PERIOD - DAY TRADE
HERE'S A SHORT IDEA ON THE DOLLAR INDEX, WE SAW A BREAKOUT OF THE ASCENDING CHANNEL CAME BACK UP FOR A RETEST OF THE STRUCTURE AND HOPEFULLY THIS SIGNALS A MOVE TO THE DOWNSIDE.
> WE ARE TRADING AT 38.2% FIBONACCI LEVEL IF IT HOLDS AS SUPPORT WE MAY SEE A RISE TO THE UPSIDE
> TARGET 1 - 99.07
> TARGET 2 - 98.82
SL - RISK MANAGEMENT AND YOUR RULES
PERIOD - DAY TRADE
Trade active
TARGET 1 HIT ADJUST SL TO PREVIOUS SWING LOW ON A LOWER TF AND HOLD RISK FREE ON THE SECOND TRADE...
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