USD Index/DXY short idea (H1)
Mis à jour
Hello traders!
DXY formed an accurate orange Wolfewave on H1 timeframe confirmed by both RSI divergence and volume.
(The volume is not being displayed here, but in my terminal I can see significant volume at point 5 of bearish candle).
Entering shorts with initial SL being placed pretty high and after the break of line 2-4 and confirmation of continuing downtrend, SL will be moved behind the local peak as planned.
GL All!
DXY formed an accurate orange Wolfewave on H1 timeframe confirmed by both RSI divergence and volume. (The volume is not being displayed here, but in my terminal I can see significant volume at point 5 of bearish candle).
Entering shorts with initial SL being placed pretty high and after the break of line 2-4 and confirmation of continuing downtrend, SL will be moved behind the local peak as planned.
GL All!
Transaction en cours
After forming point 5 in sweet zone of the wave, the price reversed and is following the current downtrend corridor.According to the wave's behavior, target may be moved more to the South (or vice versa, closed earlier if reverse wave is being formed for example)
Currently, half way is done, half way still to go :-)
Trade fermée manuellement
Price almost touched point 6, just few pips difference. It may keep going South or reverse back to point 1 - no reason to take additional risk, target is considered reached, the wave was successful.
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.