DXY, SHORT for the year
My whole view for Index is short , there can be a Pullback but it wont last too long , Two zones to sell , please Note >: all the Analysis is Based on FA .
All the mouves that happend in the Stock/Forex Market in the last 4 Months were fundamettaly based ,from QE to keeping Interest rates near 00 untill the end of 2020 , all this is in favor of my short position .
The only thing that can break the analysis is a second wave of Covid , as we know the dollar became as a safe haven .
I/you cant trade Technical is this Environment , TA is worthless for now . i cant be buying a assets if the fundamentals didnt confirm me the buying . even if it is in a Major support zone .
All the mouves that happend in the Stock/Forex Market in the last 4 Months were fundamettaly based ,from QE to keeping Interest rates near 00 untill the end of 2020 , all this is in favor of my short position .
The only thing that can break the analysis is a second wave of Covid , as we know the dollar became as a safe haven .
I/you cant trade Technical is this Environment , TA is worthless for now . i cant be buying a assets if the fundamentals didnt confirm me the buying . even if it is in a Major support zone .
Note
The index started showing some weakness , we hold and we waitNote
started to move down ,some patience untill falling strong .Note
here we gooo , TP is coming
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