Get started
marcopips

DXY Previous idea invalidated. POSSIBLE RETRACEMENT SETUP.

Short
U.S. Dollar Index (TVC:DXY)  
marcopips  
TVC:DXY   U.S. Dollar Index
Trend Analysis Chart Patterns Technical Analysis structuretrading Fibonacci Retracement charting
2
0
trendanalysis chartpattern technicalanalysis structuretrading fibonacciretracement charting
My previous DXY Setup invalidated since it broke below 0.618 fibonacci retracement levels. Will be looking for a bounce back up to 96.40 levels before heading back down. Could potentially see DXY head back down to 94.00 regions. That would mean that most major pairs such as EUR/USD, GBP/USD, AUD/USD could see potential long opportunities these weeks.

Always remember that structure takes precedence over fundamentals. Fundamentals coincide with structure.

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.