Sell in May and Go Away

מעודכן
The last candles of the Daily Chart are clearly and show an exhaustion in the region of 1.10.

I believe the market was just waiting for the beginning of May and the results of the economic calendar to start a happy correction to 1.07500 region.

When I analyzed the DXY chart this morning, which is likely to test the top of a long triangle, I believe we will correct to 1.07500

This morning, when I studying the Dollar chart (DXY), is clear that we have strong support in the 101,000 region and probably we wil going to test the top of a long triangle.

Happy Short!
עסקה פעילה
Position opened at 1.10010
target: 1.07500 region
Trend Analysis

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