Dips007Trading

DXY Trend Changing?

Long
TVC:DXY   U.S. Dollar Index
Hello to my loyal followers. An update to DXY for you. Hopefully very timely!!

Our Job guys it to LOOK at what PRICE is telling us. Not to guess or gamble an idea.
Although my previous post showed a POTENTAIL for the double bottom, nothing says it has to do it. You have to REACT to what price is showing you.

RIGHT NOW and yesterday its changed to BULLISH. How long this trend remains nobody knows. Trade what you SEE RIGHT and use CURRENT levels to make an assessment to the next level of sellers - that is all you can do right now.

1. yesterdays up move good momentum
2.consolidation box showing bullish momentum
3.Right now as US is about to get in FULL SWING broke out of my box and holding
4.Let see.. it all about "IF this then that"
5.No Bias and to trade accordingly.
6.Best wishes for new year!!
7.Hope this helps and pls share if you find this helpful.
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