DXY 97.97 -0.34% SHORT IDEA

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GOOD DAY TRADERS...

HERE'S A SHORT IDEA ON THE DOLLAR INDEX WHICH STILL REMAINS UNDER PRESSURE AS THE BULLS ARE STILL IN CONTROL ON THE INDEX.
> ON THE DAILY WE ARE AT 61.8% FIBONACCI LEVEL AFTER JUST BREAKING OUT OF A SYMMETRICAL TRIANGLE POSSIBILITY OF A RISE STILL IN PLAY BUT LOOKING AT MOMENTUM TO THE DOWNSIDE AND ALL HAPPENING FUNDAMENTALLY LOOKING FOR THE INDEX TO PUSH FURTHER DOWN THIS WEEK TARGETING THAT 50% FIBONACCI ON THE DAILY...

ENTRY - FOLLOW YOUR RULES
RISK-MANAGEMENT
PERIOD - SWING









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Chart PatternscontinuationdollarindexDXYdxyshortFibonacciTechnical IndicatorspulemokhothuTrend Analysis

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