Dollar index is dumping heavily, however we are currently finishing final 5th wave of downtrend cycle, we have nice bearish divergence on daily RSI and these divergences usually indicates end of 5-wave cycle. When the value of dollar is going down, all other assets (crude oil, bitcoin, stocks, gold etc.) are going up.
If you look at the chart of TSLA, you can see almost mirrored chart of DXY and I am expecting AT LEAST 3-wave big correction down to some strong fib levels. TSLA is only example, I am expecting this kind of reversal on all assets in USD pairs.
If you look at the chart of TSLA, you can see almost mirrored chart of DXY and I am expecting AT LEAST 3-wave big correction down to some strong fib levels. TSLA is only example, I am expecting this kind of reversal on all assets in USD pairs.