HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE SOME OPPORTUNITIES THIS WEEK. LOOKING AT THE DOLLAR INDEX
* The index has been trading in a bullish trend that lost momentum as we enter a reversal pattern that is now range-bound within the support & resistance . * Looking for a double bottom formation within this range unless we see a breakout or changes in momentum. * looking for reversals in the form of a double bottom, should we see continuation with the bulls, the plan changes.
ON THE HOULRY CHART - We are within a descending structure that could support that double bottom.
- looking for shorts on the dollar index , a break above changes the whole plan.
lets see how it goes
IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE SMASH THAT LIKE BUTTON & LEAVE A COMMENT. ALWAYS APPRECIATED ____________________________________________________________________________________________________________________
* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT. _____________________________________________________________________________________________________________________
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