I entered this trade on the pullback.
Structure on lower timeframes looks to be solidifying. Hoping a little dollar weakness can trigger an impulse up.
Looking at DXY, it looks like it is topping out and could come back down at any moment.
Note, this is a high risk trade:
- Entered without Price Action confirmation.
- May see a larger pullback for London Open.
My bias on DXY is still bearish and EU is still bullish, which is why I am so aggressive on this trade.
I will exit this trade if I don't like the price action in a loss or if I meet my profit target.
Let me know your thoughts.
Trade Safe!
HEET
Structure on lower timeframes looks to be solidifying. Hoping a little dollar weakness can trigger an impulse up.
Looking at DXY, it looks like it is topping out and could come back down at any moment.
Note, this is a high risk trade:
- Entered without Price Action confirmation.
- May see a larger pullback for London Open.
My bias on DXY is still bearish and EU is still bullish, which is why I am so aggressive on this trade.
I will exit this trade if I don't like the price action in a loss or if I meet my profit target.
Let me know your thoughts.
Trade Safe!
HEET
Trade active
Comment:
TP1 just hit.
Comment:
After stopping out break-even, I'd been watching the yields and DXY closely.
I reentered the trade and it is already set to break-even.
Lets see if the yields can push down resulting in a DXY drop.
I reentered the trade and it is already set to break-even.
Lets see if the yields can push down resulting in a DXY drop.
Comment:
Surprisingly my 2nd try hit TP1
Trade closed manually:
TP2, TP3 & TP4 also hit. I am out of the trade now.
I am expecting another DXY pullback to drive the price down and hopefully reenter again.
I am expecting another DXY pullback to drive the price down and hopefully reenter again.
🧑💻| Founder @blackswanforex
📈| Smart Money Trading
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📈| Smart Money Trading
🔗| Link below for my Youtube and Telegram group where I post trading ideas 👇👇👇
