Tracking seasonal flows. Short 110.100 upon breakdown of daily S1. DXY is looking like it may put in a local top here, aiding this trade.
This setup is very similar to last summer as seen to the left, only appearing a little later than usual.
Technicals:
Looking for a breakdown of 109.76x for continuation, with eyes on 109.3xx, 108.56x and finally 107.9xx.
This setup is very similar to last summer as seen to the left, only appearing a little later than usual.
Technicals:
- Made lower lows and highs.
- Wedge broken downwards.
- 8/21 EMA's moving down after successfully holding the cross.
- Bearish divergence showing on RSI.
Looking for a breakdown of 109.76x for continuation, with eyes on 109.3xx, 108.56x and finally 107.9xx.
Comment:
DXY may provide a small relief bounce soon:
Comment:
109.76x flipped as resistance, now for the 109.3xx
Comment:
Closed partial position at ~3-1 RR
Comment:
Reshorted small position 109.216, tight SL 109.260
Comment:
ruh roh :D
DXY obliging: