I think that was the end, at least of this stage, of USD rally.
In the explosive several 100 point moves we had last night we hit major resistance levels in the USD.
DXY has made a 161 extension of the recent range and this is the best topping signal I know of. The rule here is if we're into a top it should turn by/before the 220 fib.
Taking short entries close to the 220 with stops right behind it. We might be due to see a near term USD crash.
(Note, for those who've been hoping for a USD top for stocks to rally - in 2008 the USD and stocks crashed together. The real stocks crash started after the USD rally).
DXY has made a 161 extension of the recent range and this is the best topping signal I know of. The rule here is if we're into a top it should turn by/before the 220 fib.
Taking short entries close to the 220 with stops right behind it. We might be due to see a near term USD crash.
(Note, for those who've been hoping for a USD top for stocks to rally - in 2008 the USD and stocks crashed together. The real stocks crash started after the USD rally).
Trade fermée: cible de profit atteinte
Corrective target complete.Now, wen moon?
Note
Maybe time for moon now? 
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We have signals services starting from only $10.
Find them here: holeyprofitnewsletter.substack.com/p/all-holeyprofit-newsletters
Find 15 free strategies here: holeyprofitnewsletter.substack.com/p/strategies-parent-thread
Find them here: holeyprofitnewsletter.substack.com/p/all-holeyprofit-newsletters
Find 15 free strategies here: holeyprofitnewsletter.substack.com/p/strategies-parent-thread
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.