DXY: Interesting weekly short

Actualizado
This is a follow up trade to my prediction of the top for the Dollar.
Check related ideas for my previous forecast.
We have a very good trade setup here and the target and expected ETA is on chart.

The lackluster reaction to the Fed's rate hike and the current sentiment readings make me think that this trade setup is of high probability, making it an ideal trade to take asap. When fundamentals and technicals align, we get the best results.

Good luck!

Ivan Labrie.
Operación activa
Nota
Entry #1 filled.
Nota
Entry #2 was barely missed...so sad.
Nota
Waiting for US stocks to open.
Nota
Bewm...
Nota
Smooth sailing, waiting for GDP in 43 minutes.
Nota
So far so good, but at the end of the week we'd need to hit my target to stay in safely.
Might gap down on next week's open.
Nota
Expecting gap down.
Nota
Might be wise to trail stop loss down to 97.96
Operación cerrada manualmente
Safer to back down in minimal profit.

imagen
Nota
If in DXY shorts, flip long with 1-3 daily ATR stop.
Operación cerrada: objetivo alcanzado
dollardollarindexDXYfedFEDFUNDSForexFundamental Analysisratehiketimeatmode

🔒Want to dive deeper? Check out my paid services below🔒

ivanlabrie.substack.com/
También en:

Publicaciones relacionadas

Exención de responsabilidad