Trendhopper
Short

EURUSD - SHORT WHEN DXY HITS 95.38 OR BREAKS UP OUT OF THIS FLAG

TVC:DXY   U.S. Dollar Currency Index
Im watching DXY             to short EURUSD             as they run in opposite directions...... DXY             is easier to predict as its in a bull flag . Im waiting for it to break to the upside..I think it may want to test the .23% fib at 95.38 and the support trendline before breaking to the upsode....SO I expect to find EURUSD             in a high location when DXY             hits 95.38 and I will short EURUSD             and take profit at 1.117...completion of a Gartley pattern ....alternatively if DXY             breaks up out of the flag before this I will still enter a short on EURUSD             ....
Comment:

EURUSD in a bear flag...potential bearsih butterfly...really hoping DXY tests that 95.38 and we see a great short opportunity here
Comment:

just had a false breakout......now back in flag...EURUSD up.....getting ready to short it at 95.38
Comment:


Bullseye !!!

Short opened on EURUSD
Trade active
Comment:

Pin bar...just hit upper trendline..sshould go down from here..but I exit trade if it goes higher than this pin bar...
Trade closed: stop reached:

What looked like a bullflag is now a head...I will be buying euro when DXY forms a right shoulder in a few days from now...and I will look at buying oil around the same time...
Comment:

I will buy EURUSD if/when price hits this trendilne which is just past the .618 fib retracement...if price doesn't go this far there will be other opportunities to buy the now bullish EURO
Comment:

DXY may attempt a double top , i will buy EURUSD when DXY touches the top blue line or when it breaks the lower trendilne.......I won't rush in on the .618..I will wait for confirmation , I will look at buying GOLD as well as I can't see dollar going above the previous structure high so this could be the best time....
Comment:

Im now bullish on Dollar index....retracement from the head was only .38%...we have anew retracement of .786 which is bullish and the lower trendilne support...in a potential bullish channel....

THE PLAN....

I will short EURUSD and GOLD when DXY hits support trendline, I will take some profit when DXY hits 95.94 as it completes a bearish butterfly there, I will let rest of my position run until DXY hits 96.8 which is completion of a bearish Gartley and upper trendilne resistance...
Comment:

DXY is a bullish bat...so im shorting EURUSD when DXY hits 95.32...EURUSD should be at the previous high or thereabouts
Trade active: EURUSD was a bearish Bat...

Shorted it
Comment:

So far so good...another bat pattern (bullish developing on EURUSD)..I may buy it as insurance and win/breakeven....just in case the short fails....
Trade closed manually: Ive come out because of the 100 retracement and DXY touching support again...breakeven trade...will reenter when I see a sign
Comment: bullish Butterfly pattern on DXY at 95.24..

I will try another short here for EUUSD

Comment:

looks like a convincing breakout but I will wait for the 1hour candle to confirm this...assuming it is a breakout I will now look at buying gold and EURUSD again....!!
Comment:

NO BREAKOUT

Dollar still in control...I will monitor over next hour...I think it may come out of channel again..not as low as before....so I will look to short EURUSD again and GOLD possibly..
Trade active: another short entered on EURUSD..SL is other side of resistance line 1.12500
Trade closed manually: Break even...Eurusd is locked in sideway stalemate ...I will trade it when I see a winner
Comment: I will adopt strategy to range based instead of trend based on this pair for now
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