U.S. Dollar Index

Long

Updated

DXY: Two Buy Setups

DXY has been forming an inverse head and shoulders, with nice price action during the rate hike event. Watch for a break of the neckline for a favorable trade setup.

Note

So far so good

Note

Correction incoming on EURUSD. Watch for short at the top of the developing range.
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Trade active

Ok I'm in with 1/3 of my target lots. Look to start buying the dollar.

Trade active

ok i'm longing with another 1/3 of my target lots. 2/3 total . this is hopefully the last wave down, nice entry price.

Note

watch for bounce.
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Note

Watch the ABC. I'm still long in this with 2/3. May add more soon.
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Also on:

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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.

Also on:

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.