AdamHong

DXY: The 0.618RET and Supply Zone

Long
AdamHong Updated   
TVC:DXY   U.S. Dollar Index
The market rose after FOMC's Interest rate decision and it is pulling back now.
The 0.618RET of previous rise is at 96.9 levels which is also a good support zone.
Meanwhile good Supply Zone works at 96.8-96.9 levels.
So it is good to buy at 96.8-96.9 levels when the price action gives signals in the PRZ.
SL: below 96.8
TP1: 97.4
TP2: 97.8
TP3: 98.8 and further more
Order cancelled:
No signal is given in the PRZ.

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