IvanLabrie
Long

Trade weighted Dollar Index: At yearly support

FRED:DTWEXM   Trade Weighted U.S. Dollar Index: Major Currencies
6 months ago
The dollar has found support at a long term level in the yearly chart.
It's clear we'll see a dollar rally, specially against EM currencies for an extended period of time.
We can expect a move to 91.22, but if we manage to move above it, we could see uptrend continuation into the highs, and potentially new highs in the long term.

My reccomendation: Found viable long entries in USD against EM currencies , like the ones I've posted. Focusing on continuation will be an extremely profitable exercise.
See related ideas.

If interested in my trading signals, or in personal tuition, contact me privately. I'm offering a considerable discount on a packaged course which includes access to my private trading signals list for a year.

Cheers,

Ivan Labrie.

Link to Tim West's chatroom: https://www.tradingview.com/chat/#c8BzrhGRvXxGXWnJ
We discuss setups like this often there. Feel free to stop by and subscribe to his indicator pack. If you have any questions ask.
6 months ago
Comment: Acting as expected. Solid support.
6 months ago
Comment: 1 month almost retraced in full, seems promising.
3 months ago
Comment: Stopped dead on there...now back up.
2 days ago
Comment: Perfect.
If you're interested in joining my trading newsletter or private lessons, message me. I trade Forex, Equities and Commodities. Contact: skype @ ivanlabrie, PM here or QQ (2954487803).
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out