KarYong

DXY - Potential Short Opportunity Into FOMC?

Short
TVC:DXY   U.S. Dollar Index
Combining the analysis on wave with an entry technique based on the Cypher pattern, we have a potential short setup completing around 94.58, with a stop around 95.50, targeting 92.94 and 91.92.

Disclaimer: This is not a trade call. Make sure you have a proper trading plan and risk management strategy before engaging in any trade.

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.