Dollar Index BasketShort
I think USD is heading Lower
I think the USD is over-bought currently and I am expecting a move lower in the USD Index. This means I can take a basket trades
- Long EUR/USD, GBPUSD, AUDUSD, NZDUSD, XAUUSD
- Short USDCHF, USDJPY, USDCAD
- Waiting for a break below the trendline
- Stop Loss when price takes out 11077 on the index
- Target - when price reaches the outer trendline or the 1.27 extension and index makes a lower low !!
- Long EUR/USD, GBPUSD, AUDUSD, NZDUSD, XAUUSD
- Short USDCHF, USDJPY, USDCAD
- Waiting for a break below the trendline
- Stop Loss when price takes out 11077 on the index
- Target - when price reaches the outer trendline or the 1.27 extension and index makes a lower low !!
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.
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.