DXY 96.01 - 0.3 % LONG IDEA * STRUCTURE & REVERSAL PTTNSGood Day Everyone
A look at the DOLLAR INDEX from a monthly perspective we are still net short on the index seeing a rally of some three ( LL) candle on the chart on a bearish rally.
from the weekly perspective the sentiment is still the same 4th month closing an a ( LL ) rally looking for continuation of this momentum to the downside before seeing some reversal pattens to trigger the long trade.
same as on the daily chart looking for a completion of the ( W) formation but for now looking for that push down to level 95.68 before we can start looking for long entries on the index..
lets see how it goes.
Good luck and happy trading everyone
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ENTRY & SL - FOLLOW YOUR RULES ON PENDING ODER & SO FORTH
RISK-MANAGEMENT
PERIOD - SWING TRADE
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