Not much to say, if the trendline and divergence is confirmed we will probably see a nice move downwards. The bullish move here (20-11-2018 15:00-22:00) might be a great opportunity to go short in my eyes.
Great idea on DXY. In our case, a break through channel support on a weekly basis would see us adopt a natural view. Price has confirmed a bullish uptrend with continued higher highs and higher lows. However, the trend seems to be coming to an end, where there is a confirmed weekly close through the September uptrend. We also are watching for a weekly close through the 11 September low at 95.60, especially with a cross in momentum oscillators.
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SanderBuijk
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@Pepperstone, Hi Pepperstone, thank your for leaving an opinion to my idea. I will check your idea. (sorry for the late response).
Please check out our idea and let us know what you think of it.