DXY - selling opportunity
Updated
Hi guys,
Follow up my ideas on DXY last week, this week I see another opportunity here. If you take a look at my chart, price is about to approach the resistance again which will give us a good sell enter. Price may bounce in range but if in up coming days, if dxy break down below the second support, this trend will resume its bearish momentum.
For swing traders, we can aim lower.
If you followed my call last week, your trade must be very safe by now.
Guys, REMEMBER to take profit along the way, and move your stop loss to break even.
If you are agreed with my ideas, click like and leave a comment. Much appreciate.
Please do your own analysis before placing the trades.
Good luck to everyone.
Follow up my ideas on DXY last week, this week I see another opportunity here. If you take a look at my chart, price is about to approach the resistance again which will give us a good sell enter. Price may bounce in range but if in up coming days, if dxy break down below the second support, this trend will resume its bearish momentum.
For swing traders, we can aim lower.
If you followed my call last week, your trade must be very safe by now.
Guys, REMEMBER to take profit along the way, and move your stop loss to break even.
If you are agreed with my ideas, click like and leave a comment. Much appreciate.
Please do your own analysis before placing the trades.
Good luck to everyone.
Comment
move stop loss, and enjoy your profit
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.