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wormmaster2021
Nov 7, 2022 11:40 PM

DXY 2d BULL Gartley Formation Long

US DOLLAR CURRENCY INDEXINDEX

Description

Bullish Gartley pattern on DXY 2d chart has begun intial bear retracement, .786-.10 back to near entry point. Upward segment to ~120 will be fast, likely to correspond with ES1!/YM1! drop by end of this week (post election).

Comment

TRADE INVALIDATED, stopped out.

Update: Bear Deep crab on 2D timeframe should take price to 100 before bullish retracement. The switch to bullish continuation likely to coincide (inverse correlation) with the DJI/SPY expected fall still to come in late Dec/Jan (see 2W bear cypher on YM1!, and 4h bear shark on ES1!)
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