Happy Thanks giving day! Don't chase high of dollar Short

U.S. Dollar Currency IndexTVC

Beschreibung

⋅ 24. Nov. 2016 15:16

Caution! Don't Chase to Buy the dollar

It has reached a monthly 0.618 level.

a correction may happen.

If you want to buy the dollar, buy the pull back

In 4h chart, there is a bearish engulfing candle.
so what we can do is :

sell DXY when it retest 101.80 and
Aim 99.10

Very high likely the dollar my fill the gap.

Kommentar

⋅ 27. Nov. 2016 16:25

Kommentar

⋅ 28. Nov. 2016 08:19

First Target Hit

Kommentar

⋅ 1. Dez. 2016 17:37

dxy still fail to break 101.80
keep our short

Kommentare

val_trader

⋅ 28. Nov. 2016 13:58

Hi Jack, it's going back to 101, 8 !!

mximus

⋅ 1. Dez. 2016 17:46

Hi,

is it will be correct to say that if DXY will go down, than all USD pairs will be affected and follow the same direction?

BhaktaBasics

⋅ 2. Dez. 2016 09:16

@mximus, Generally speaking yes but not all pairs have strong correlation. e.g. EURUSD does have strong correlation, USDJPY less so. Just pull up two charts to compare and you will see.

bettaieb.elyes

⋅ 1. Dez. 2016 17:41

u mean surely 100.80 ;-)

btM_Afta

⋅ 28. Nov. 2016 17:01

100.60-65 strong support ...

prshivanefx

⋅ 28. Nov. 2016 01:48

Great prediction!
Thanks...

prshivanefx

⋅ 28. Nov. 2016 01:55

@prshivanefx, one question sir,
as you said it may go to 99 level that mean USD/JPY should be sell to 105 or 107 level?
Thank you in advance!

Justinceo

⋅ 28. Nov. 2016 08:28

@prshivanefx, nice question, i want to know too

prshivanefx

⋅ 29. Nov. 2016 06:22

@Justinceo, he replied me on his USD/JPY chart, he said its possible...

prshivanefx

⋅ 28. Nov. 2016 08:33

@prshivanefx, @tntsunrise
Could you please reply sir?

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