DXY : STRONG RESISTANCE AT NEAR 96.68

A potential parallel channel is form between point A, B and C. The potential point D is a strong resistance where the FIBO 127.20 and high of 27-6-2016 at 96.71, are located at there as well. So for those who have long position can hold it until 96.68 is hit, and look forward to sell at there.

TRADE IDEA :
LOOK FOR SHORT OPPORTUNITY AT NEAR 96.68-97.00
SL : 97.23 OR WHEN THE RESISTANCE LEVEL IS BROKEN
TP 1 : 95.26
TP 2 : 94.13

Kommentera:

Another chance to short