US dollar index DXY short idea

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Shorts only for the US dollar today, but looking at the chart we have a reasonable target to the downside which would complete a channel. A further push lower into an imbalance with a swing low with plenty of stops below it. To the upside, we have a double top and a continuation of a larger/higher time frame bullish trend.
In these markets, you need to pick a side and take any signal that comes your way. Going long and short on the same day will just lead to getting chopped up.
If you pick a side and you don't get filled it is a lot better than picking a side and losing money, so be grateful.

Short DXY would infer that we are looking for longs in EURUSD and GBPUSD
ノート
EURUSD
スナップショット
ノート
GBPUSD
スナップショット
ノート
EURJPY
スナップショット
ノート
GBPJPY
スナップショット
Chart PatternsDXYeuroEURUSDForexGBPUSDTechnical IndicatorspoundtrendTrend AnalysisUSDDJ FXCM Index

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