Based on technical analysis of DXY I believe we pump near the indicated level and then drop again. I will be looking at entering just before/during London session.
Note
does not look like we will get the pullback by london open. We will look at NY open.Note
We still have not had the retracement I was looking for. Along with not watching at london open we missed the move on this one. However DXY appears to be retracing now and and once that is complete I will short this pair.This is a prime example of why I do not trade counter trend.
Trade active
entry -1.23419sl - 1.23449
tp - 1.22200
Trade closed: target reached
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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.