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Harry_Nan

A POSSIBLE SHORT ENTRY

Short
U.S. Dollar Index (TVC:DXY)  
Harry_Nan Updated   
TVC:DXY   U.S. Dollar Index
Chart Patterns
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chartpattern
Price made a double bottom and now is moving upward in a corrective structure within a channel.
If there is a REJECTION at the level of the previous top, while remaining within the channel, then and only then I will go short with the stop-loss slightly above the level of the previous top while aiming for the low of the channel.
Comment:
The rejection was effective on the 15min chart hence validating the setup.
If price goes lower but fails to break below the channel I will gladly go for a breakeven !
Comment:
Locked in at 92.080
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