Hi guys,
DXY is approaching the resistance which will give us a good opportunity to sell.
Main trend is bearish as US still printing $$$$ and FED also confirmed that they will keep supporting the economic.
If you are agreed with my ideas, we should looking for sell entry on 4h timeframe, its better to wait for proper confirmation (false break out or double top, etc...)
For swing traders, we can aim lower, as price can break the hard support on the drop.
Sell the resistance, buy the support.
All strategy work, follow your rules and plans.
Good luck to all.
Remember to take profit out among the way to protect your account.
If you are agreed with me on this, click like and leave a comment.
DXY is approaching the resistance which will give us a good opportunity to sell.
Main trend is bearish as US still printing $$$$ and FED also confirmed that they will keep supporting the economic.
If you are agreed with my ideas, we should looking for sell entry on 4h timeframe, its better to wait for proper confirmation (false break out or double top, etc...)
For swing traders, we can aim lower, as price can break the hard support on the drop.
Sell the resistance, buy the support.
All strategy work, follow your rules and plans.
Good luck to all.
Remember to take profit out among the way to protect your account.
If you are agreed with me on this, click like and leave a comment.
Comment:
move your stop loss, and enjoy your profit