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U.S. Dollar Index

DXY Daily

By bit_general
Updated
Plan for DXY , daily timeframe. Levels of interest marked out , if we clear the high its a local trend reversal and we may see much higher. Short markers hit and hold, lows shown as targets. Direction will be confirmed within the next 3-4 days .
Trade active
Target 1 hit 10:50 6th feb GMT.
Target 2 hit 15:15 7th feb GMT.

not sure if enough juice to reach target 3 now, 2 days left to find out. Downside targets remain. If top target cleared, then HTF trend reverse and much higher - new trades and targets rqd and trade will be closed.
Trade active
Taking longer than expected, but third target hit. Decision time. Daily close above and invalidation, otherwise lower targets marked out.
Trade closed manually
daily close invalidation hit. trade closed. onto the next.
Chart PatternsDXYTechnical IndicatorsTrend Analysis
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