mattytb84

Weaker Dollar

Short
mattytb84 Updated   
TVC:DXY   U.S. Dollar Index
4
Price action looks incredibly similar to me when the Fed initially began hiking back in December 2015. Something to follow should the price break lower

Any thoughts or ideas are appreciated
Comment:
Comment:
Although i can appreciate we are at big support, the more i look at the DXY on longer time frame the more i believe this is due a bigger correction and a dollar top is in......We have a monthly reversal candle rejecting at a major trend line after posting new highs, which falls at the 61.8 retracement and the completion of the inverse head and shouder pattern......Dollar needs to hold here or it could get messy


Comment:
Good start for the first 50 minutes,lol
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