bageltokki

DXY retrace before more down

做空
TVC:DXY   美元指数
Just taking notes and tracking my thoughts.

possible move for DXY to retrace up to 102.95 and run those stops on the fractal high, coincides with a bearish order block, but that may take us north of the alligator,

another possible move would be to retrace up and run stops at 101.74 fractal before continuing down. i seem to prefer this as that would still keep us under the alligator and still be bearish on daily

will have to see how it moves, would expect to see a 3 wave pattern up on the retrace to bring in the 'fish' into thinking reversal is in in order for big guys to fill their short orders.
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