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meszaros
Aug 7, 2017 5:50 PM

Waiting for a big boost... Long

Dow Jones FXCM Dollar IndexFXCM

Description

Waiting for a big boost. We assume that USDOLLAR's exchange rate is ahead of a larger increase. Near the 11915 correction level, we open a long position. Our primary target price will be close to 12120. This is not the final level because we expect the exchange rate even higher. Up to 12400 levels, where the entire position is closed and profit realiyed. Since we are starting from a flat ATR shaft, so many people do not get long, so we expect a slower start. It may take up to several days.

Comment

The USDOLLAR strategy works equally.
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