Reversal on the greenback
Updated
Hello Traders.
The US dollar is trading in side way structure,
We already got the impulse from the top.
Watch for a strong sell and correction before entry.
If you found this idea useful please and comment,
This is not an investement advice, this is for educationnel purpose.
Best Luck.
The US dollar is trading in side way structure,
We already got the impulse from the top.
Watch for a strong sell and correction before entry.
If you found this idea useful please and comment,
This is not an investement advice, this is for educationnel purpose.
Best Luck.
Note
Strong buy can push the $ for a new high for the short term,The main view will not change,
Note
DXY is behaving the way we expectedStrong sell is going on there.
Enjoy it guys!!
Note
1st Scenario is a correction then break down.Note
2end Scenario : We can easly identify an expanding flat pattern, that can push the $ back to the top and we may see a beak for that top due to volatility ahead of the Fed Interest Rate Decision,but the biger picture will be the same BEARISH ON $Note
Guys, the market is behaving the way we went it to do,This strong buy will push the $ for more upside.
Note
Enjoy it guys, the market is going the way we went.Tomorrow will be a big event for the dollar, that will set the market direction for 2019.
If the FED will be dovish sellers will charge on the $,
If there will rate hike, short terme buy and get out from the market.
Note
The FED in Howkish towards the interest rate +0.25%, total rate is 2.5%.It is expecting that the FED will continue the Quantitative tightness.
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Cheers guys the market is going the way we where expecting.Note
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