DikotoMandengue

DXY SHORT - Bearish Divergence + Fundamentals & Sentimental

Short
TVC:DXY   U.S. Dollar Currency Index
Dollar index SELL,

Talking points,

Technicals:

16 month high this past monday. you can see the reversal patterns. Weekly divergence on weekly chart gives me the final check for a Short. Also closed the week in Recistance/ Support area

Fundamentals:


Thanksgiving US Holiday (Thursday & Friday), Liquidity.

Sentimental:


Retail FX traders are positioning in Dollar-based majors like EUR/USD: 63% of Retail Traders are Long, Despite YTD lows
Trade closed manually:
Trade active: TAKE PROFIT CHANGE
TP1 95.10
TP2 93.88

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