TradingView
EvanJones
Sep 9, 2016 3:55 PM

Retracement and then Resume Long

U.S. Dollar Currency IndexTVC

Description

The Dollar Bulls are back in favor as data although somewhat not ideal seem to support a rate hike this month and it seems that investors may be pricing in this rate hike.

A nice trendline has formed and the Dollar has broken it to the upside which means a potential move to the North! Await for the retracement and upon either a bullish candle or pin bar type candle longs would work well with stops below the lows upon a retracement made.

For more setups, either follow me on here or refer to my website in the signature . Happy trading :) !
More