UnknownUnicorn46293974

DXY Trading Plan. Mid-Week Update

Long
TVC:DXY   U.S. Dollar Index
DXY recently broke, and is currently holding above, the 21 day exponential moving average. After breaking a significant level (103.8) to new highs, price action is currently consolidating. Could this be the start of an uptrend?
Trade active:
Entry on GBPUSD:
Entry on EURUSD:
Trade active:
took profits on EU and GU. Currently risking the whole 2% on this usdjpy trade
Trade closed manually:
closed the week with a USDSEK trade. still looking to buy DXY pullbacks
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.