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weiloon940718
Oct 15, 2016 1:59 PM

DXY : POSSIBLE REVERSAL AT POINT F? Short

U.S. Dollar Currency IndexTVC

Description

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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