DXY 97.97 -0.34% SHORT IDEA
Updated
GOOD DAY TRADERS...
HERE'S A SHORT IDEA ON THE DOLLAR INDEX WHICH STILL REMAINS UNDER PRESSURE AS THE BULLS ARE STILL IN CONTROL ON THE INDEX.
> ON THE DAILY WE ARE AT 61.8% FIBONACCI LEVEL AFTER JUST BREAKING OUT OF A SYMMETRICAL TRIANGLE POSSIBILITY OF A RISE STILL IN PLAY BUT LOOKING AT MOMENTUM TO THE DOWNSIDE AND ALL HAPPENING FUNDAMENTALLY LOOKING FOR THE INDEX TO PUSH FURTHER DOWN THIS WEEK TARGETING THAT 50% FIBONACCI ON THE DAILY...
ENTRY - FOLLOW YOUR RULES
RISK-MANAGEMENT
PERIOD - SWING
HERE'S A SHORT IDEA ON THE DOLLAR INDEX WHICH STILL REMAINS UNDER PRESSURE AS THE BULLS ARE STILL IN CONTROL ON THE INDEX.
> ON THE DAILY WE ARE AT 61.8% FIBONACCI LEVEL AFTER JUST BREAKING OUT OF A SYMMETRICAL TRIANGLE POSSIBILITY OF A RISE STILL IN PLAY BUT LOOKING AT MOMENTUM TO THE DOWNSIDE AND ALL HAPPENING FUNDAMENTALLY LOOKING FOR THE INDEX TO PUSH FURTHER DOWN THIS WEEK TARGETING THAT 50% FIBONACCI ON THE DAILY...
ENTRY - FOLLOW YOUR RULES
RISK-MANAGEMENT
PERIOD - SWING
Note
<deleted>Trade active
ADJUST SL AND HOLD RISK FREE...Trade closed: target reached
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