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Profound_Ambition
Oct 16, 2017 4:23 AM

DXY (DAILY) Long

U.S. Dollar Currency IndexTVC

Description

For those who are being quick to short the dollar, id re-evaluate because price is respecting support & the inverse head on shoulders is still in play. If we get a break of support the right shoulder will then become invalid & my bias on the dollar will be bearish for some time. But for now I'm still bullish on the dollar...
Comments
vx7777
Bullish above 94,2 bearish below 92,8
Profound_Ambition
@vx7777, id watch for a close below the yellow rectangle
vx7777
@eazywayout, Yeah sure, it needs to be retested from below at least. Only after retest we can open short.
Profound_Ambition
@vx7777, agreed!!
vinot
Hey! Your work and effort are really nice. Good job! Appreciated with thanks...
Profound_Ambition
@vinot, thanks for the feedback! :)
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