Get started
US DOLLAR CURRENCY INDEX
Short

DeMark 13 Countdown Sell

By grimweasel
Updated
We have a DeMark 13 countdown sell today in DXY so expect the USD rally to end within the next 1-18 days. I would sell DXY below the low of the 13 print if we close here today.
Note
Sell below 94.10 for aggressive entry or sell below the low of the first opposing 1 print of a buy setup for safer entry. Target 89.50
Trade active
Trade activated today. I would expect significant USD selling now.
Trade active
Still live here. The large buying last week was more a sell the Eur event on Draghi comments, but as rate hikes since Feds show, these are bearish for the FIAT paper, but who will be weaker? Euro or USD??
Trend Analysis
grimweasel

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.