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chavezallen
Apr 19, 2017 4:37 AM

DXY: LONG Long

U.S. Dollar Currency IndexTVC

Description

DXY: LONG

E: 99.56
SL: 99.46
TP1: 99.8
TP2: 100.01

market broke prior resistance level (change of polarity).
market made hit major demand level where price have difficulty making new lows.
price volume is increasing as it goes up to my take profit levels.
0.618 retracement is used for target 2 which is at the break of the previous resistance level (change of polarity) and 0.382 is used for target 1.

note: I am not an expert as yet, this is only my opinion.
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