TRADE IDEA ON SHORT SIDE - US DOLLAR INDEX (DXY)
Symbol - DXY
DXY is currently trading at 109.16
My reversal setup has formed in DXY & I'm seeing a trading opportunity on sell side.
Shorting DXY at CMP 109.16
I will add more position if 109.65 comes & will hold with SL 110.05
Targets I'm expecting are 108.00 - 107.30 & below.
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!
DXY is currently trading at 109.16
My reversal setup has formed in DXY & I'm seeing a trading opportunity on sell side.
Shorting DXY at CMP 109.16
I will add more position if 109.65 comes & will hold with SL 110.05
Targets I'm expecting are 108.00 - 107.30 & below.
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
Added more at 109.65
Avg Sell price now is 109.41
Holding with SL 110.05
Trade closed: stop reached
SL Triggered. Trade Closed.Note
It touched my SL because of Non-farm payrolls data news & It is falling since then & continuing its fall.
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