Scenario One - Dollar StrengthHeres scenario one of two, which could bring more dollar strength over the next few months, we have a strong trend line and recent resistance that didn't manage to hold, this could now be the area to start buying the dollar if it holds and makes a new support zone. Make sure you check out scenario two which shows a setup for dollar weakness
Trade ideas
$$$ USDOLLAR $$$ - SELL OPPORTUNITYHello All,
Im looking for short opportunity in USDOLLAR. SELL ENTRY @ 12340 SL @ 123408 TP @ 12210
Stop Loss = 68 pips
Take Profit = 130 pips
NOTE: FEDS YELLEN SPEECH ON TUESDAY
SUBSCRIBE TO MY TELEGRAM CHANNEL @ t.me TO KNOW THE ENTRY SIGNALS IN SMALLER TIMEFRAMES
FOLLOW ME ON INSTAGRAM @ fxmasterusa &
TELEGRAM @ t.me FOR FUTURE TRADE SETUPS.
HAPPY PIPPING!!!
What to do in a choppy market? Sell the top and buy the break!my projection tells me that USDOLLAR has room to continue down this channel until 12050, in the mean time we can sell the top of the channel with a stop outside of it or wait for a break out and buy it!
nevertheless, this is a correction move in a larger trend in the long term, use good money management and do not revenge trade!
Please also checkout my blog at wolfradar.com for analysis and education articles!
Peace!
USDOLLAR LongUSDOLLAR is still correcting. However, major support zone are coming. Let wait to see it this support zone is holding (double bottom, top trend line breakout). Then wait for pullback and go long.
N.B. Remember that this could be the last impulse of a long terme 5 waves cycle which could trigger a massive USD sell off.
Entry: 12525
Stop: 12160
Target: TBD






















