Short

Updated

EURUSD - SHORT WHEN DXY HITS 95.38 OR BREAKS UP OUT OF THIS FLAG

Im watching DXY to short EURUSD as they run in opposite directions......DXY is easier to predict as its in a bull flag. Im waiting for it to break to the upside..I think it may want to test the .23% fib at 95.38 and the support trendline before breaking to the upsode....SO I expect to find EURUSD in a high location when DXY hits 95.38 and I will short EURUSD and take profit at 1.117...completion of a Gartley pattern....alternatively if DXY breaks up out of the flag before this I will still enter a short on EURUSD....

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EURUSD in a bear flag...potential bearsih butterfly...really hoping DXY tests that 95.38 and we see a great short opportunity here

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just had a false breakout......now back in flag...EURUSD up.....getting ready to short it at 95.38

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Bullseye !!!

Short opened on EURUSD

Trade active

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Pin bar...just hit upper trendline..sshould go down from here..but I exit trade if it goes higher than this pin bar...

Trade closed: stop reached

What looked like a bullflag is now a head...I will be buying euro when DXY forms a right shoulder in a few days from now...and I will look at buying oil around the same time...

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I will buy EURUSD if/when price hits this trendilne which is just past the .618 fib retracement...if price doesn't go this far there will be other opportunities to buy the now bullish EURO

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DXY may attempt a double top , i will buy EURUSD when DXY touches the top blue line or when it breaks the lower trendilne.......I won't rush in on the .618..I will wait for confirmation , I will look at buying GOLD as well as I can't see dollar going above the previous structure high so this could be the best time....

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Im now bullish on Dollar index....retracement from the head was only .38%...we have anew retracement of .786 which is bullish and the lower trendilne support...in a potential bullish channel....

THE PLAN....

I will short EURUSD and GOLD when DXY hits support trendline, I will take some profit when DXY hits 95.94 as it completes a bearish butterfly there, I will let rest of my position run until DXY hits 96.8 which is completion of a bearish Gartley and upper trendilne resistance...

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DXY is a bullish bat...so im shorting EURUSD when DXY hits 95.32...EURUSD should be at the previous high or thereabouts

Trade active

EURUSD was a bearish Bat...

Shorted it

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So far so good...another bat pattern (bullish developing on EURUSD)..I may buy it as insurance and win/breakeven....just in case the short fails....

Trade closed manually

Ive come out because of the 100 retracement and DXY touching support again...breakeven trade...will reenter when I see a sign

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bullish Butterfly pattern on DXY at 95.24..

I will try another short here for EUUSD

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looks like a convincing breakout but I will wait for the 1hour candle to confirm this...assuming it is a breakout I will now look at buying gold and EURUSD again....!!

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NO BREAKOUT

Dollar still in control...I will monitor over next hour...I think it may come out of channel again..not as low as before....so I will look to short EURUSD again and GOLD possibly..

Trade active

another short entered on EURUSD..SL is other side of resistance line 1.12500

Trade closed manually

Break even...Eurusd is locked in sideway stalemate ...I will trade it when I see a winner

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I will adopt strategy to range based instead of trend based on this pair for now

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