U.S. Dollar Index
Long
Updated

DOLLAR INDEX - BULLISH BAT PATTERN

103
See my previous post on this.

TWO STRONG REASONS TO BUY Dollar and USD currency pairs

We should soon hit the trendline.....and complete a bat pattern at 94.50.....

....also a strong bounce to the top of the channel would also complete a bearish Gartley Pattern....could happen....

Election season approcahing so I'm not sure a weak dollar would go down to well.


Note
I'm just waiting for DXY to hit the 94.50 and complete this bullish bat...

then I will :-

Short Gold
Buy Usdcad

if i have time I will look at buying other USD pairings..
Note
This will probably coincide with ECB rate decision at 11.45 AM GMT....
Note
its 12.45 GMT ...lol.....

I will be trading EURUSD at this time...expecting a big short....
Note
USDCAD not at level for the buy. (1.281)..it may get there when oil figures come out at 4pm.....

I will be shorting NZDUSD , EURUSD (depending on ECB decision) and XAUUSD possibly GBPUSD but its not priority....

just waiting for that 94.50...! getting closer!
Note
Plan executed...

Shorted EURUSD
GBPUSD
GOLD

Will wait for better entry (pullback )on NZDUSD
Note
snapshot

Spike at 45.51 should be bottom (head for H & S Pattern)

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.