Welcome to this new trading idea!
We are looking at the 15min chart of the Dollar Currency Index. Price did nearly touch last highs. Looking at the daily timeframe we can see that price consolidates a lot in this area. Also there is a wick candle forming for today.
Getting back to our 15min chart, price retraced and made a peak high with divergence on our RSI. After that we are looking for shorts only by keeping in mind that there are new highs above the daily consolidation zone.
There is no trade for us in this currency now. But looking on the Dollar in terms of correlation always helps to determine different moves of other pairs.
Example: EUR/USD is also on its very bottom, where i would love to see a retrace also.
Keep in mind that tomorrow the monthly candle will close.
Wishing everyone a great upcoming weekend!
We are looking at the 15min chart of the Dollar Currency Index. Price did nearly touch last highs. Looking at the daily timeframe we can see that price consolidates a lot in this area. Also there is a wick candle forming for today.
Getting back to our 15min chart, price retraced and made a peak high with divergence on our RSI. After that we are looking for shorts only by keeping in mind that there are new highs above the daily consolidation zone.
There is no trade for us in this currency now. But looking on the Dollar in terms of correlation always helps to determine different moves of other pairs.
Example: EUR/USD is also on its very bottom, where i would love to see a retrace also.
Keep in mind that tomorrow the monthly candle will close.
Wishing everyone a great upcoming weekend!
노트
Wow! Should have traded it!거래청산: 타겟 닿음
Okay possible TP was reached within a day! Great setup. A possible correction can happen next week!면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
