fortuneteller
Short

USDollar Index Short Opputunity ......

ICEUSA:DX1!   U.S. Dollar Index
1- US Dollar             is at 127 Extension from where it started falling in August.
2- Bearish Butterfly Pattern in the Making..
3- Overbought in RSI
4- Bearish Divergence in Monthly Chart
5- ECB President Speech on Nov 11, will hint at QE , which is already discounted in Euro             .
6- Rising on the Hint of Rate Hike, which won't happen
Trade active: Entered at 99.79, will keep SL of previous Highs above 101, will enter again near previous highs.. Chart got even more negative as it pushed up..
Trade active: Going Great....
Trade closed: target reached: Booked 50% as it is near Support... holding rest
Trade closed manually
Agree.. AUD/USD,EUR/USD, XAG/USD, USD/CHF,GBP/USD also seem to be telling the same story..weak dolar and reverse to oct 15 levels.
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