Indeks Mata Wang Dolar A.S.Singkat
Probable Bottom on the USD Index
DXY currently retracing, approaching the 50 EMA, following the job reports last Friday.
Weekly and monthly charts are currently on a bearish momentum whilst the daily time frame currently on the oversold zone.
This might hint a final leg of the trend or a correction might take in place.
The plan is to take a short trade after a confirmation candle upon touching the 50EMA and trail our stop to the preceding swing low after two swing lows have been made.
This would give enough breathing room if the market goes into consolidation.
We trail our stop nearest to the price once a bullish momentum reversal occurs on the Daily.
Weekly and monthly charts are currently on a bearish momentum whilst the daily time frame currently on the oversold zone.
This might hint a final leg of the trend or a correction might take in place.
The plan is to take a short trade after a confirmation candle upon touching the 50EMA and trail our stop to the preceding swing low after two swing lows have been made.
This would give enough breathing room if the market goes into consolidation.
We trail our stop nearest to the price once a bullish momentum reversal occurs on the Daily.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.