Fade US Dollar Index
Updated
If the weeklies being unable to capture a close above 97.4 is indicative of a longer term downtrend for DXY, the potential gains on USD pairings is hyuge.
Purple marked boxes are my current potential TPs/position flips. I will long USDJPY or USDCHF as a hedge if DXY paaamps but only after closing manually at a large loss
Purple marked boxes are my current potential TPs/position flips. I will long USDJPY or USDCHF as a hedge if DXY paaamps but only after closing manually at a large loss
Note
Hidden bullish on lower timeframes like 1 hour and 4 hour. I'll be watching for moves above 96.44.GBPUSD hit resistance, flipped. Playing EURUSD purely technical is difficult, it's either in accumulation or bearish beyond bear. USDJPY target hit, shorted again here. Added to USDHKD short.
Note
looks good
My published indicators: tradingview.com/u/NeoButane/
Sorry if I haven't replied to your message yet, I'm a bit backlogged :)
Sorry if I haven't replied to your message yet, I'm a bit backlogged :)
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