TradingView
TheHOODofCRYPTO
Jun 25, 2023 8:08 PM

DXY DROP COMING? Must READ! 

U.S. Dollar Currency IndexTVC

Description

DXY is looking great for a powerful drop after we hit our final correction to the 800ema on H4.
D1 structure is looking great, BASELINE and EMA CLOUD looking to support SHORT LONGER TERM.

====== ENTRTY ======

1) Take a SHORT on xxxUSD when DXY drops 10point when the market opens
2) Wait it out! The big move on DXY will happen when we are at 800 on H4, get a LONG on xxxUSD when that happens.

====== INVALIDATION =======

DXY fixing above PWH invalidates the SHORT positions. Watch for BREAKS at that level.

======= TARGETS =======

For xxxUSD SHORTS, exit when DXY hots 800ema.
For xxxUSD LONGS, exit all LONGS when DXY hits PmthL (Previous Month Low)

P.S I trade with literally zero complicated analysis and still maintain 90% HIT RATE on my LIVE TRADES and ideas.
More