PROS:
1. The price has reached the 3rd swing on a daily chart (Ascending channel).
2. Double-top formation on the weekly timeframe.
3. Structure within the structure (Rising wage within the ascending channel).
CONS: We are shorting a pullback, so have your SL in place. The USD Index is so volatile.
1. The price has reached the 3rd swing on a daily chart (Ascending channel).
2. Double-top formation on the weekly timeframe.
3. Structure within the structure (Rising wage within the ascending channel).
CONS: We are shorting a pullback, so have your SL in place. The USD Index is so volatile.
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.