- Monthly : 50-50. No tradable pattern for me.
- Weekly : Double top + Bear flag. This week's pullback to DT NL is perfect short trade location. Added to initial short (78.67) at 78.65 and 78.31 yesterday.
- Daily : Magnified view (red circle) of the weekly bear flag breaking down now. Last trade 78.11.
- Targets : Old lows 76.88 and 75.63.
17 February 2011
USDX : Breaking Down Now
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2 comments:
Very confusing picture .... the forex picture these days...
Taken partial profit at 77.18
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