11. 16. 22 There was a reversal pattern for the dxy yesterday. When I discovered the pattern, It has already moved about two points higher, and I wouldn't have answered a long position because the stop is too hot. Today it has corrected about 50%, lowering the risk. Sometimes it's hard to go long in a market this movie lower, but if I believe the market will probably fail to make a new low and we'll go significantly higher, then this is a chance to get in with a lower risk.
Beyond Technical AnalysisDXY

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