I can't believe what I am looking at, this is a Diamond Formation on U.S. Dollar Currency Index indicating that we may soon see USD to go way higher.
Currently I am shorting Chinese Yuan as they are likely in trouble with FX reserve due to recent halt on most industries, the country is extremely vulnerable under current situation.
BUT, this doesn't mean you cannot trade USD with other pairs, because what we are looking at here is the Dollar Index.
Pick any pair besides JPY which tends to be bought during RISK OFF times. Something to keep in mind is lack of liquidity, you don't want to trade minor pairs with high leverage.
This is not an investment advice, trade with care with your own risk!
Currently I am shorting Chinese Yuan as they are likely in trouble with FX reserve due to recent halt on most industries, the country is extremely vulnerable under current situation.
BUT, this doesn't mean you cannot trade USD with other pairs, because what we are looking at here is the Dollar Index.
Pick any pair besides JPY which tends to be bought during RISK OFF times. Something to keep in mind is lack of liquidity, you don't want to trade minor pairs with high leverage.
This is not an investment advice, trade with care with your own risk!
交易結束：目標達成
YouTube goo.gl/BkRuQL
Twitter twitter.com/vilasignal
Twitter twitter.com/vilasignal
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YouTube goo.gl/BkRuQL
Twitter twitter.com/vilasignal
Twitter twitter.com/vilasignal
相關出版品
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。