WaveExpert

WHAT DXY HAS TO SAY? IS THE DOLLAR GOING TO GET STONGER?

Long
TVC:DXY   U.S. Dollar Index
Hello guys,
if you take a look at the dollar index, you will find that it nicely broke the trendline and made its initial move up.. now its time for corrective move or a continuation pattern; price is likely to make a corrective move to the downside. if that happens it is highly likely that it gonna have confirmation of head and shoulder pattern as well; so we will get in the trades after that. price may also go up without making a down move but its less likely.

GOOD LUCK
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.