Saif_R

USDOLLAR IS ONLY BEARISH

Short
FX:USDOLLAR   Dow Jones FXCM Dollar Index
HELLO TRADERS
- Well last night closing was scary and made everyone thinking that USD is going for more pump.
- After studying hours again all possible CHART (DXY & USDOLLAR) I am finally again sticking to my plan which was looking USDOLLAR BEARISH.
- Well one thing to keep in mind that even if USD strong we should not consider this long anymore because the prices are too high and it is very risk to open SHORTS XXXUSD.
- So we have to consider all possible levels to look USD weak.
- After studying weekly monthly and Daily I found this strong level of POTENTIAL SELL ZONE which is 12160-12190.
- It means that we are about to see big time reversals in all xxxusd pairs.
- Also we have this super strong and accurate Ascending wedge pattern here and 3rd touch is exactly meeting our area or interest.
- "Don't get confuse yourself and stay focused on plans"
GOOD LUCK :)

Investment and structure planning :
DM
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.