I am waiting for a descending move into the previous level of consolidation signified by the green buy area. At that level I plan on buying the DXY and setting my take profit around the Orange 161.80% Fibonacci level. I will use trailing stops in conjunction with price action for the previous days high and low.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.