The yellow moving average shown on the chart is the 400 week moving average. Institutional investors and macro traders typically see the 400 week MA as an area of an asset being oversold.
As you can see, the 400 week moving average is where SPY bottomed earlier this year, the question is, will DXY do the same now that SPY is near all time highs?
These are great risk reward setups for anyone looking to take a longer term position.
As you can see, the 400 week moving average is where SPY bottomed earlier this year, the question is, will DXY do the same now that SPY is near all time highs?
These are great risk reward setups for anyone looking to take a longer term position.
My goal is to find the best risk:reward setups. For instance, if you risk $1,000 at a chance to make $5,000, you can afford to be wrong 4 out of 5 times and still not lose money. I hit my targets over 50% of the time.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
My goal is to find the best risk:reward setups. For instance, if you risk $1,000 at a chance to make $5,000, you can afford to be wrong 4 out of 5 times and still not lose money. I hit my targets over 50% of the time.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.