Zoen_Trieste

DX Bull Leg Fading Short Setup

Short
INDEX:DXY   US DOLLAR CURRENCY INDEX
DX is seemingly in an overextended bullish impulse leg. Fading short entry here would be premature. Waiting for the next weekly close and entering short if the close is bearish would increase the odds. Trading profitably, the higher TFs in particular, requires a lot of patience, sound risk & trade management techniques coupled with a clear understanding of probability vs R:R trading setups.
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