zhipengcfel

DXY elliott wave analysis updates (2017-06-08)

zhipengcfel Updated   
TVC:DXY   U.S. Dollar Index
The head and shoulder pattern in DXY was confirmed and went down to 96.51 for last months.
The falling down was first a leading diagonal pattern and then a short-term B wave bounce and C sharply down.
The HS pattern target was hit.
It might have a short-term bounce here to retest the diagonal bottom line. And then another big down after the short-term bounce.

Good luck for everyone!


Trade closed: target reached
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