omidtrader1367

its time to SHORT DXY

Short
omidtrader1367 Updated   
TVC:DXY   U.S. Dollar Index
in my opinion DXY has just finished its bullish movement and its has completed all 5 pulse wave...in weekly time we can see a shooting star candle...in daily time we can see a clear divergence in macd and also three clear bearish candle...the only thing to clarify is that the final wave should have finished its top just a little bit outside of the triangle,but turkey crisis and other fundamental factors caused it to go more up,,,but i still believe that DXY has started its great wave B downward and and after that we can see an inverted SHS pattern for clear to end wave B and start wave C to rise again an make a new top...good luck everyone and stick to the reality
Comment:
its keep going perfectly...but now i guess we almost finished wave 1 and perhaps we will see an upward corrective wave (wave 2)..then big fall in form of wave 3
Comment:
I think dxy has almost finished its 1 wave and we will see an upward correction but so far away...after that we will see another big drop hopefully...buy gold and eurusd on dips advice from me
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.