DXY - short correction? Short

U.S. Dollar Currency IndexTVC

Description

⋅ Oct 13, 2022 1:03 PM

As in my idea .. there are possibilities for a correction of Long..
This is a non-simple trade but some indication suggested a possibilities for a long pausa and a short until 108

Trade safe with a small size!! we are countertrend

Trade closed: target reached

⋅ Oct 18, 2022 3:17 PM

First half hit and close
Breakeven the others quantities

Comment

⋅ Oct 21, 2022 3:33 PM

Double TOP

Comment

⋅ Oct 21, 2022 5:54 PM

Trade closed: target reached

⋅ Oct 26, 2022 12:57 PM

first target close..

potential continuation short

Trade closed: target reached

⋅ Nov 11, 2022 11:00 AM

Super target HIT... final completation of trade is amazing

Trade closed manually

⋅ Nov 11, 2022 11:01 AM

Comments

NinjaEMATrader

⋅ Oct 13, 2022 1:24 PM

Every time it tries to go down it wouldn't pass FIB 61.8%, 50%, and recent 38.2%

NinjaEMATrader

⋅ Oct 13, 2022 1:22 PM

I think long as it rising above moving average

flyhorse

⋅ Oct 13, 2022 1:38 PM

@NinjaEMATrader, nice analysis.. I didn't understand the fibo of wich wave are in your in the picture? the fibo retreacement of wave from 115 to 110?
in any case from my point of view this can be only a correction .. before the final long wave. in this bullish market that push you can have a wave B long as before A.. so this is only my interpretation of data but this leg (B for me) is not an impulsive wave.. until now :) .. but we have all day to confirm or not .. thank for your comments.