PassiverForexIncome

PassiverForexIncome

Looks like this could start a long term swing down. Carry trade is about 50% for a short position, may be a grea time to start selling tops all the way down.

PassiverForexIncome

Green means go with my indicators and set up. i use 1 ATR take profit. should be a solid win before the weekend

PassiverForexIncome

Set up gives a clear buy signal. should hit 1 ATR TP before the weekend.

PassiverForexIncome

Trading indicators flagging a sell signal. we have a solid down trend, and a cross over on our wave indicator.

PassiverForexIncome Updated 

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PassiverForexIncome Updated 

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PassiverForexIncome Updated 

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PassiverForexIncome

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PassiverForexIncome

DXY TO 95 Min, 96.50 Comfortably. Pretty Safe bet to watch DXY get to 96.50 with little resistance. it will be fueled by jobs, unemployment news this week, stimulus talks as those solidify.

PassiverForexIncome

Will the trend line turn from support that it has enjoyed for over a year to a resistance?

PassiverForexIncome

Pretty clean picture of reasons for the DXY to go short technically. Should be able to safely target 97.75

PassiverForexIncome

Fish in a barrel on this one over the next couple months. Price hitting 1.33 and holding tough, also hitting top of year long downtrend line, and getting over bought on the indicator. use a smaller time frame to look for a good entry.

PassiverForexIncome

Look for lower timeframes for a good entry.

PassiverForexIncome

The 1.1 handle is holding as a strong support. And even with all the positive USD news it wouldn't break. I see a good bounce coming to the upper end of this long term down trend.

PassiverForexIncome

DXY is hitting a couple resistance lines now. I see it cooling down next couple weeks to the 97 area.

PassiverForexIncome

Let's take the safe bet and sell the spikes.

PassiverForexIncome Updated 

I think there is a lot of reasons to take the DXY higher over the next few weeks. a good sign will be the news Friday morning.

PassiverForexIncome

A lot of confluence right now. look for a good entry price signal to go short.