GOOD DAY TRADERS
HERE'S A SHORT IDEA ON DXY , THE INDEX HAS'NT BROKE THE 68.1% FIBONACCI LEVEL TRADING JUST BELOW
> YESTERDAY WE LEARNED THAT PRESIDENT TRUMP WOULD NOT REOPEN TRADE TALKS WITH CHINA TO RELAX TERMS - CNBC
> THE WHITE HOUSE ADVISOR THREATENED RETALIATION AGAINST CHINA FOR ITS ROLE IN THE SPREAD OF COVID-19 AS TENSONS RISE OR RATHER CONTINUE TO RISE BETWEEN THE WORLDS LARGEST ECONOMIES
TECHNICALLY WE ARE JUST BELOW THE 68.1 FIBONACCI LEVEL HAVING FORMED A DOUBLE TOP WHICH MIGHT SIGNAL AREVERSAL WITH THE BEARS THIS WEEK
TARGETING 50% FIB LEVEL
RISK MANAGEMENT
PERIOD - SWING
HERE'S A SHORT IDEA ON DXY , THE INDEX HAS'NT BROKE THE 68.1% FIBONACCI LEVEL TRADING JUST BELOW
> YESTERDAY WE LEARNED THAT PRESIDENT TRUMP WOULD NOT REOPEN TRADE TALKS WITH CHINA TO RELAX TERMS - CNBC
> THE WHITE HOUSE ADVISOR THREATENED RETALIATION AGAINST CHINA FOR ITS ROLE IN THE SPREAD OF COVID-19 AS TENSONS RISE OR RATHER CONTINUE TO RISE BETWEEN THE WORLDS LARGEST ECONOMIES
TECHNICALLY WE ARE JUST BELOW THE 68.1 FIBONACCI LEVEL HAVING FORMED A DOUBLE TOP WHICH MIGHT SIGNAL AREVERSAL WITH THE BEARS THIS WEEK
TARGETING 50% FIB LEVEL
RISK MANAGEMENT
PERIOD - SWING
Trade closed: target reached
