Tracking seasonal flows. Short 110.100 upon breakdown of daily S1. DXY is looking like it may put in a local top here, aiding this trade.
This setup is very similar to last summer as seen to the left, only appearing a little later than usual.
Technicals:
Looking for a breakdown of 109.76x for continuation, with eyes on 109.3xx, 108.56x and finally 107.9xx.
This setup is very similar to last summer as seen to the left, only appearing a little later than usual.
Technicals:
- Made lower lows and highs.
- Wedge broken downwards.
- 8/21 EMA's moving down after successfully holding the cross.
- Bearish divergence showing on RSI.
Looking for a breakdown of 109.76x for continuation, with eyes on 109.3xx, 108.56x and finally 107.9xx.
Note
Working its way down, eyes on 109.3xxDXY obliging:
Note
DXY may provide a small relief bounce soon: Note
109.76x flipped as resistance, now for the 109.3xxNote
Closed partial position at ~3-1 RRNote
Note
ruh roh :D
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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.