M-royce
Short

Head and Shoulder on Dollar Index?

TVC:DXY   U.S. Dollar Currency Index
The Dollar Index             got rejected from the 90.97 - 90.95 key resistance area two weeks ago.

And it started to retrace higher since 7th of March and I am selling to anticipate the right shoulder to form.

My position :

Entry : 90.00
SL : 90.75
TP : 88.87


*** This information is NOT a recommendation to buy or sell. It is to be used for educational purposes ONLY. ***
*** I will accept no responsibility for any losses you may incur. Do not invest more than you can afford to lose. ***
Trade closed manually: Closed my Dollar Index position manually with 0.7r


My trade record since Feb 2018
+3.75r

26/2 - Eur/Cad (-1.0r)
27/2 - Gbp/Aud (breakeven)
5/3 - Nzd/Usd (+1.2r)
5/3 - Eur/Usd (+1.0r)
9/3 - Usd/Cad (-0.4r)
12/3 - Dollar Index (+0.7r)
15/3 - Gbp/Usd (+1.5r)
22/3 - Eur/Usd (+0.75r)
26/3 - Eur/Gbp (Pending)
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