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.
2 years ago
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
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
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