colinsheen
Short

USD is very near to a meaningful correction.

TVC:DXY   U.S. Dollar Currency Index
59 0 4
Looking at the USD index chart, it is very similar to the EURUSD             chart where an ending diagonal is visible at the potential end of wave 3.

Wave 3 is also very near 1.618x of the length of wave1, which is a common wave 3 to wave 1 ratio relationship.

100 is also a large psychological level that you should not ignore.

I've also heard that large players has started to unwind USD long positions, because there won't be enough liquidity to unwind after FED meeting, so they will probably start to unwind before FED meeting.

Good luck trading!
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out