Trendhopper
Long

DOLLAR INDEX - BULLISH BAT PATTERN

TVC:DXY   U.S. Dollar Index
See my previous post on this.

TWO STRONG REASONS TO BUY Dollar and USD currency pairs

We should soon hit the trendline .....and complete a bat pattern at 94.50.....

....also a strong bounce to the top of the channel would also complete a bearish Gartley Pattern....could happen....

Election season approcahing so I'm not sure a weak dollar would go down to well.


Comment: I'm just waiting for DXY to hit the 94.50 and complete this bullish bat...

then I will :-

Short Gold
Buy Usdcad

if i have time I will look at buying other USD pairings..
Comment: This will probably coincide with ECB rate decision at 11.45 AM GMT....
Comment: its 12.45 GMT ...lol.....

I will be trading EURUSD at this time...expecting a big short....
Comment: USDCAD not at level for the buy. (1.281)..it may get there when oil figures come out at 4pm.....

I will be shorting NZDUSD , EURUSD (depending on ECB decision) and XAUUSD possibly GBPUSD but its not priority....

just waiting for that 94.50...! getting closer!
Comment: Plan executed...

Shorted EURUSD
GBPUSD
GOLD

Will wait for better entry (pullback )on NZDUSD
Comment:
snapshot


Spike at 45.51 should be bottom (head for H & S Pattern)
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