DXY - TRADE OPPORTUNITY ON SHORT SIDE

Updated
Symbol - DXY

DXY is currently trading at 104.72

My reversal setup has formed in DXY & I'm seeing a trading opportunity on sell side.

Shorting DXY at CMP 104.72

I will add more position if 104.45 comes & will hold with SL 104.75

Targets I'm expecting are 103.25 - 102.75 - 102.15





Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
Trade active
* CORRECTION : OPEN PRICE IS 104.072 *
Trade active
CMP 104.45

Adding more shorts here. Avg sell price now is 104.26
Holding with SL 104.75
Trade active
CMP 104.17

Double top formation in dollar index. Currently trading above cost & in profit. Holding short position.
Trade active
CMP 103.95

26 pips in profit. Holding short position.
Trade closed manually
It went till 103.37

It went almost 100 pips in profit & then reversed suddenly because of Trump victory in US elections.
Closed CTC.
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