breakoutfakeout

Go short DXY Dollar

Short
CAPITALCOM:DXY   US Dollar Index
The dollar (day) looks like ready to collapse here as the stock market booms of major support levels. Inflation looks to of peaked to me and this DXY short could be epic. Look at the major hourly divergence forming at the top of this rising wedge. Short and hold with a wide stop in case we have some slight higher highs though I doubt it
Trade active:
BOOM.... Hold onto your hats because kanas about to go bye bye
Trade active:
Taken 70% profits at 103.5 on the breakout holding the rest as looks like yearly high to me, so happy to ride the short longer and keep adding on strength
Trade active:
Nailed this short to the exact hr, lets see where we go from here
Trade closed manually:
Taken short profits on the way down, re-entering on rallies

About me: I'm a retail day trader (trading since 1993). Most ideas here are for short time frames and become profitable quickly. I take profits fast as things change fast. 1-2-1 mentoring sessions available.




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