weiloon940718

DXY : POSSIBLE REVERSAL AT POINT F?

Short
TVC:DXY   U.S. Dollar Index
2
The parallel channel is still valid and the price now almost reach point F where FIBO 0.786@XA and structure resistance is located. I will look for a short-term short opportunity at there but with a smaller lot size since it is counter trend trade.
TRADE IDEA :
SELL AT NEAR 98.60
SL : 99.10 OR WHEN CANDLE BREAKS THE UPPER TRENDLINE OF UPTREND CHANNEL
TP : 97.50, 96.30
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