Watch out us dollar (DXY) 95.8-96.3 This zone !!!!! nice opportunity to sell !!! 2016-05-03 till now the dollar has boost 4.09%.After dollar break the down trend line the dollar increased 1.9%. Never mind i believe the dollar will continue going up but the highest point of 2016-03-28/29 has never been test .So STOCH RSI (14) indicators is showing...
Hello Traders,
A while back I posted a Bearish Wolfe Wave on the Dollar Index(Linked below). That is a weekly view of strength of the dollar. Zooming in we can see that the dollar is not quite ready to make a move to the downside.
Here we have a perfect setup for a bullish move.
1. The larger Wolfe Completed at 5'. This give the Geo's Off-Set Rule @12211 as a...