abpatel1001

DXY going lower? Buying EUR

abpatel1001 已更新   
TVC:DXY   美元指數
DXY reacted off resistance with a good break down and a jump to .618 with good sellers there. (breakout and re-test) Also seems to be an A B C pattern to 89.45.

Will go long on EUR at current price 1.2313 seeing some good price action (nice Wick at support) Will look to take half profits around 1.2370/50. and SL is below the recent swing low 1.2280 area. (below a good pin bar) Also MACD crossed over and pointing upwards on 240 chart.

A little aggressive, but for a conservative play i would look for a break of the trend channel on the 1hr to go long.

Feel free to let me know if you see issues with this analysis.

評論:
Changing T1 to 1.2490
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