PROS:
1. The price has reached the 3rd swing on a daily chart (Ascending channel).
2. Double-top formation on the weekly timeframe.
3. Structure within the structure (Rising wage within the ascending channel).
CONS: We are shorting a pullback, so have your SL in place. The USD Index is so volatile.
1. The price has reached the 3rd swing on a daily chart (Ascending channel).
2. Double-top formation on the weekly timeframe.
3. Structure within the structure (Rising wage within the ascending channel).
CONS: We are shorting a pullback, so have your SL in place. The USD Index is so volatile.
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