This signal can end up nullifying a quarterly chart uptrend signal in EURUSD, certainly interesting, massive coiled spring here. I'm keen on going long the dollar against weak currency pairs here. The DXY trade itself isn't bad at all either. Market is in risk off mode so far, we had rising VIX and DXY while everything else was falling. Risk is 1.1% ish down from here, so size your positions according to your max risk tolerance.
Best of luck,
Ivan Labrie.
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You can trail stops to the level shown here, and add on dips at two levels.
Thanks for sharing