CRInvestor
Short

DX1! Fractal Top Confirms Gartley

ICEUSA:DX1!   U.S. Dollar Index
206 4 5
Hello all,
I have been watching the US Dollar             here lately with keen interest. After putting in a well defined 'Gartley' harmonic pattern , today the Greenback fired a Fractal top sell signal. The two of these combined suggests to me upside pressure is abating and maybe its time for the US Dollar             to start coming back down to earth.

As outlined on the chart, taking a short here and risking to new highs while at the same time looking for a 50% retrace of the entire bull move presents us with a more then 3:1 reward to risk taken trade setup.

I have officially gone on record here as being bearish of the US Dollar             and would recommend the above noted trade for those inclined to play the anticipated move. For those wishing to super charge their returns, consider a US Dollar index             Put option.

That's all for this post,

Brian
aka The Rational Investor
http://www.therationalinvestor.co/

BOOOOM
+1 Reply
You little beauty!!
Reply
CRInvestor PRO Cryptoelite
sick trade eh....damn
+2 Reply
nice I just waited for your confirmation, I got same idea... :)
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out