INDEX:DXY   U.S. Dollar Index
40 2 2
Last week was all about support. Strong weekly close and bullish engulfing with daily close above previous high formed very bullish reversal pattern – inverted H&S which is targeting previous supply at 98.40. It is yet questionable is this a pull back and resuming big TF reversal down to 93.00 again but the fact is that USD is short term bullish . I would expect some sideways move to confirm the breakout trend line and move up towards short term target at 61.8 Fib – 98.40. Close below 94.80 invalidates this setup.
FOREXTRENDRIDER
2 years ago
hello
dear sir i follow your trading ideas
i have a problem
i can't speak and read any language
but i read and understand all market points
so if you don't mind i have one more suggestion
please mention the all entry point sl or tp top of the chart
this way its very easy of all your followers
i hope you understand my language
thanks for reading my massage
happy trading
bye
Reply
Nightwish FOREXTRENDRIDER
2 years ago
Hello mate. Thank you for following my trading ideas. Unfortunately, I do not give exact entries , stops and profit targets. Taking the trade is personal decision. What I do is placing arrows as direction to possible targets with horizontal levels as possible pattern or idea invalidation. Otherwise, this could be financial advice and I don`t do it. Whenever you want - you will get my frank opinion. Cheers
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out