Hi Guys,
Trust you are all well! Very risky trade on DXY, almost a 1:1 trade, essentially these types of trades do not form part of my trading plan but I feel comfortable taking this trade anyway.
Price came into a key level and showed evidence of some bullish pressure in the form of wick rejections on the lower timeframes H1-15M. Also we have a pattern within pattern structure, A falling wedge, inside of a expanding wedge, of which both are indicative of bullish pressure. We will look forward to seeing the US Economy recover and in the process see DXY hitting highs of $99 - $100.
Please feel free to leave comments and like this idea if you agree and if you disagree, do so constructively.
Thank You.
APFX
Trust you are all well! Very risky trade on DXY, almost a 1:1 trade, essentially these types of trades do not form part of my trading plan but I feel comfortable taking this trade anyway.
Price came into a key level and showed evidence of some bullish pressure in the form of wick rejections on the lower timeframes H1-15M. Also we have a pattern within pattern structure, A falling wedge, inside of a expanding wedge, of which both are indicative of bullish pressure. We will look forward to seeing the US Economy recover and in the process see DXY hitting highs of $99 - $100.
Please feel free to leave comments and like this idea if you agree and if you disagree, do so constructively.
Thank You.
APFX