castanofx

DXY Alternate Bat

Short
TVC:DXY   U.S. Dollar Index
Not too sure about validity of harmonic patterns applied to indexes, but here is a nice Alternate Bat.
In my opinion, this pattern formation is supported by the equities markets that are currently bullish.
Ranging most likely to occur just above 96 for a few weeks prior to a well defined reversal.
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