Dollar Index (DXY). Last big wave up to complete the impulse.
It looks like the new impulse up is underway as we broke above the 92.50 (wave 1 of wave 5 in wave C of wave (4)).
The target for the last wave 5 up is set at the 61.8% of waves 1-3 distance and is located at the 107.60 level.
It is below the upside of an uptrend and looks achievable.
The target for the last wave 5 up is set at the 61.8% of waves 1-3 distance and is located at the 107.60 level.
It is below the upside of an uptrend and looks achievable.
Comment:
move stop to break-even and enjoy the safe travel
Trade closed manually:
I don't see it as the 5th wave up, so better book profit and watch
as this structure looks more like a correction of the impulse down
short opportunity could arise but later
as this structure looks more like a correction of the impulse down
short opportunity could arise but later
