2018 has been the year of good trending pairs, especially for swing traders. Not too much confusion this year if you were following the trend. The DXY provided the evidence of a bullish move early January 2018. Once the trend-line was broken to the upside the leading dollar pairs have seen bullish movement while the inverse dollar pairs have seen bearish movement.
Hear is a video break down here:
As you can see, after watching this video, there is no denying that the pairs have stayed true to their trend. Technical analysis proved it. My question for you us, did you see it? Did you understand it?
Did you trade it?
Trading is not as straightforward as we would like it to be. With the right understanding and tools you can conquer this market. It takes time, practice, and patience.
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Happy trading everyone.