OceanBlue
Short

USD Index/DXY SHORT PROJECT (Daily)

TVC:DXY   U.S. Dollar Currency Index
Good day, All!

The daily bearish DXY             project is currently forming.

Once point 5 is shaped, it can provide quite an interesting short opportunity.

If this pattern works, it may also signify the continuation of the major bearish trend which started back in the beginning of 2017:
Trade active: 10 lots sold, we will see)
SL is set for now at 95.170, but will be moved right above the peak after its formation is completed.
Trade closed manually: Closed most of the positions yesterday manually and the remaining 2 after recent good US GDP data.
Great chart and call my friend. I'm bearish the Dollar but did not see this move happening today.
Reply
OceanBlue mattytb84
Thank you! And you're very welcome too, I hope this setup will do good.
Reply
mattytb84 OceanBlue
@OceanBlue, Fingers crossed, a lot of dollar pairs at key levels, think we might be waiting for USD/CHF to tag 1 for a reversal
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