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xdire
Jan 26, 2021 6:16 AM

Gigantic IHS on the DXY which you cannot ignore Short

U.S. Dollar Currency IndexTVC

Description

There is no more bullish asset on the market than the Dollar, and to prove it I just say — it's the only asset for which 7 trillion Dollars were printed to stop the bull-case scenario.

Nothing close was printed to prevent the mega-bull breakout to anything anywhere. And Dollar just made small short-induced IHS which you probably pay close attention to because if it will go over 91 it may deliver few surprises.

Trade closed: target reached

Positions closed, can be more downside but I would expect ES to flatlined for a moment.

Thank you for being with me.
Comments
xdire
Hope you all enjoyed the play, all my targets printed
Dave-FX-Hunter
Very good, visit my profile too
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