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Dollar_index

PGSVY Hello TV, looking to take a long here on PGSVY I had to zoom in b c the chart is so gappy but the next gap to fill is around .98c. With the dollar looking for support B4 the next bounce and WTI in the upper channel looking to test $43 this looks like a nice long scalp. The risk is pretty low with a SL around .24c if things go bad. You don't want to be in below that price as that .22c area and below brings fresh historical lows. I would simply cut looses there and look to re enter where ever pgsvy actually does bottom. I think this TP can get hit B4 June. This is OTC that is also a risk. good luck everyone.
PLong
by Big_Mike716
DXY - Failed 4th Attempt to Break Above 78.6% RetracementThe Dollar Index failed for a forth time on Friday to hold above the 78.6% retracement level from the recent down swing and closed out with a typical Doji looking candle. This suggests we might start to see some selling action but please note that last Monday ( May 11th - Green-line should be pointing there ) the markets starting fleeing for safety and buying the greenback as concerns about the US reopening and loosing restrictions around COVID19. If we see a repeat of last week, well expect DXY to continue north, otherwise we should see some bearish continuation. Trade Safe - Trade Well Cheers!
TVC:DXYShort
by Michael_Harding
CORONA VIRUS IS THE EXCUSE TO TRIGGER THE INEVITABLE SELL OFFNEWS IS THAT EXCUSE TO MOVE THE MARKETS. WE'VE SEEN A BULLISH MARKET FROM 2014-2015 AND A VERY LONG PERIOD OF SIDES WAYS MOVEMENT (ACCUMULATING). THE FAKE OUT TO THE UPSIDE CAPTURED LIQUIDITY (POCKETS OF MONEY) THEN EXPANDED TO THE DOWNSIDE, WHERE YOU SEE ANOTHER CAPTURE OF LIQUIDITY. ON THE BROADER PERSPECTIVE, THIS WAS JUST A MOVE TO TAKE THAT ENERGY AND REVISIT THE SIDE WAYS CHANNEL FOR THE REAL MOVE TO THE DOWNSIDE BUT WE NEEDED A VERY GOOD EXCUSE TO MOVE PRICE IN THAT DIRECTION, (NEWS OF CORONA VIRUS). I'M LOOKING TO SEE THE DOLLAR POSSIBLY CAPTURE THE MONEY SITTING BELOW THE LOWS OF THE PREVIOUS FAKE OUT TO THE DOWNSIDE AND WORK IT'S WAY IN THE POSSIBLY TO THE 80'S PRICE RANGE, WOULDN'T BE SURPRISE TO SEE PRICE LOWER, BESIDES THEY JUST WEAKENED THE DOLLAR.
TVC:DXYShort
by New_Levels