Elite_Markets

Bearish Trend

Short
Elite_Markets Updated   
TVC:DXY   U.S. Dollar Index
Usd broke the range resistance and make a new lower low we were expecting from the beginning. Now it’s retesting the support level which will turn into a resistance...

Time for trade
#Sell USDXXX pairs
#Buy XXXUSD pairs
Comment:
Hi everyone, Market already open and usd makes a new demand level. Price will gonna drop this week...

As I adviced for buying & selling directions, enter with any strategy. I will also send you some trades I will take

Let’s ride this week trend.
Comment:
Is usd making a double bottom to retrace a little bit before continue his move down ?

Be careful with your stops, if they’re too tight you can be stopped out and miss the big move.

Stay in and manage your DD
Comment:
Price moves up and arrives on an inner trend line on 1hr timeframe. If it close above then we should get out in our trades maybe take the opposite side or wait for Market to give us another entry.

Market can stay wrong longer than we can stay solvent. in 30mn to 1hr30 we will know what to do. Close or stay in.

Waiting for bar to close...
Trade closed manually:
Ok guys, get out... and take the opposite direction. I’m gonna send you a new chart analysis.

Updates ends here
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