grandmenino4

This is my idea for 2021 with regards to the USD.

Long
grandmenino4 Updated   
TVC:DXY   U.S. Dollar Index
I can see a -ve divergence with the RSI (blue lines).

There is a reverse H&S with a break @ 91.00 which is also the bottom of the Ichimoku cloud (yellow line).

The 91.00 level is also breakout of the the trend line (green line).

I can see a croos of the tenken-sen (conversion line) and Kingu-sen (base line) which is buy signal albeit weak.
Trade active:
91 level TL broken.
Waiting for a retest of TL to go long.
TP1 = 94
TP2 = 96
TP3 = 98
SL= 89

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.