61.8% Fibonacci Retracement on DXY at 96.44. As you can see, my Fibonacci tool is reversed to show extension levels so the 38.2% indicator is actually the 61.8% pullback.
Stop loss slightly below 61.8% if it is not bought up here; this last fib level is usually very precise and does not require a wide stop loss.
Stop loss slightly below 61.8% if it is not bought up here; this last fib level is usually very precise and does not require a wide stop loss.
Comment:
Trailing stop moved to 96.50
Trade closed: stop reached:
Long term DXY long and EUR/USD shorts still open, but volatility in the USD against other pairs caused the trailing stop to be hit for only a small 0.06 profit here.
Trade closed manually:
*Trailing Stop Reached
Comment:
9-2-0, with trailing stop hit for a profit on Dec. 4 :)