DXY

Idea came from rejection of the daily highs after bearish bat completed. I consider wick as NFP noise ( I might be wrong about this ) and imo , in order to continue bullish reversal pull back is a must. I don`t think USD bulls will allow deeper pull back than T1 , maybe not at all, however, I will consider far more USD strength from T1 than from current levels. This means temporary strength of USD counterparts ( especially EURUSD , USDJPPY and USDCHF ). I haven`t seen negative NFP in 4 years of my trading, this is new for me, unemployment data is very good and gives hint for December rate hike, but imo, we have 2 months to see how these numbers reflect current situation in US. This setup will be invalidated if the price closes above mentioned highs.

As far as trading is concerned - I take market`s take. If I am wrong - I reverse to backup setup.

Trade wise.