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CompoundingGain
Aug 22, 2022 9:03 PM

DXY- what goes up... Short

U.S. Dollar Currency IndexTVC

Description

Economy is going to shite but at least the Dollar is continuing its hated rally

expecting a wee pullback here then resume up

what i'd really like is this to be distribution and we reverse from here .

this will be an awesome short when it does reverse .

we could mess around till October so strap in and be patient.( 28th of October is when i think the Fed announces its done with rate hikes ) not sure where i read this so take with a pinch of salt


cheeky short for now SL above yellow line. gib relief pls

Trade closed manually

got away with it , recon we attempt yellow line two more times or basically set up for an exciting weekly open .

risk off or long it if it does flip the double top
Comments
nabil92nar
Is it Invalid Now ?
CompoundingGain
@nabil92nar, yup , either it deviates back before close or 111 next stop. since it looks like its broken to the upside will wait to see next range form. Monday's normally we set out range for the week so will bid closer to daily close .
nabil92nar
@CompoundingGain, ok Bro. Im waiting....
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