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HumbleTraders
Jan 12, 2015 6:50 PM

Engulfing pattern on Dollar index 

INDEX:DXY1D
US DOLLAR CURRENCY INDEXINDEX

Description

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Engulfing candle can be a reversal pattern but also can indicate a place to take profit. Clear correction is taking place here. Take profit and wait for retrecement to ad to long positions at 20ma
DXYdollardollar_index
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