The dollar (day) looks like ready to collapse here as the stock market booms of major support levels. Inflation looks to of peaked to me and this DXY short could be epic. Look at the major hourly divergence forming at the top of this rising wedge. Short and hold with a wide stop in case we have some slight higher highs though I doubt it
Trade active
BOOM.... Hold onto your hats because kanas about to go bye byeTrade active
Taken 70% profits at 103.5 on the breakout holding the rest as looks like yearly high to me, so happy to ride the short longer and keep adding on strengthTrade active
Nailed this short to the exact hr, lets see where we go from hereTrade closed manually
Taken short profits on the way down, re-entering on rallies
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Disclaimer
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.