WeTradeWAVES

DXY looks short term downside next week

Short
TVC:DXY   U.S. Dollar Index
We are expecting DXY to go down for short term, once the down move is done we will recommend keep moving stops since it has tendency to move in both directions after the small down.If you don't know how to trade this pair then stay away and trade other pairs.

Now, after experimenting all the technical analysis techniques over the past 8+ years, i.e. Dow theory, Elliott wave theory, Advanced patterns, Harmonic patterns , Support & Resistance , Chart patterns and Indicators.These methods might be working for so many people but we came to the conclusion that only "Wave Analysis" is powerful enough to make us consistent profitable forex traders.

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What we are sharing here is only our point of view on what could be the next move in the "Forex market" based on Wave Analysis and not signals...

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