DXY: Interesting weekly short

מעודכן
This is a follow up trade to my prediction of the top for the Dollar.
Check related ideas for my previous forecast.
We have a very good trade setup here and the target and expected ETA is on chart.

The lackluster reaction to the Fed's rate hike and the current sentiment readings make me think that this trade setup is of high probability, making it an ideal trade to take asap. When fundamentals and technicals align, we get the best results.

Good luck!

Ivan Labrie.
עסקה פעילה
הערה
Entry #1 filled.
הערה
Entry #2 was barely missed...so sad.
הערה
Waiting for US stocks to open.
הערה
Bewm...
הערה
Smooth sailing, waiting for GDP in 43 minutes.
הערה
So far so good, but at the end of the week we'd need to hit my target to stay in safely.
Might gap down on next week's open.
הערה
Expecting gap down.
הערה
Might be wise to trail stop loss down to 97.96
העסקה בוטלה באופן ידני
Safer to back down in minimal profit.

תמונת-בזק
הערה
If in DXY shorts, flip long with 1-3 daily ATR stop.
עסקה סגורה: היעד הושג
dollardollarindexDXYfedFEDFUNDSForexFundamental Analysisratehiketimeatmode

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