YoungSocietyFx

DXY Downside Setup.

Short
TVC:DXY   U.S. Dollar Index
While ABCD Pattern is in play. Dollar could see a near side downfall after a completion of my first ABCD Pattern. While given a high possibilty of a Triple top retest Ill look into entering manually. To take a safe outlook on this trade I'll be setting a sell limit towards the 95.66 area. New lows were finally formed during our upward movement, giving us a questionable reasoning of buyers exhaustion

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.