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RobsPlan
Jun 17, 2023 1:32 PM

DXY patience / short Short

U.S. Dollar Currency IndexTVC

Description

Looks exhausted in my opinion. Denied by the 200 day ema twice after touching support. Still currently at support, wouldnt recommend shorting unless we see a breakdown. Keep it simple, dont short support. However, if we fall below 100.50 im looking to 96 at the minimum. Would benefit other markets.

Comment

Took some time but approaching 100.50 as expected. Lose this level and its lights out toward 97-98

Comment

Retesting prior support. I expect more downside in the coming weeks.

Trade closed manually

Absolutely terrible idea here. didnt play out and i forgot about it.
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