makuchaku

DXY (Dollar Index) 2 zones of trapped traders!

makuchaku Updated   
ICEUS:DX1!   U.S. Dollar Index Futures
First a gap down, trapping longs
Then a gap up, trapping shorts
DXY / DX1! is certainly playing with traders.

Note : USDXXX pairs have started moving up & XXXUSD pairs down. This should give an idea of where DXY will eventually go!
Comment:
Long trade initiated first
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.