InvestMate

InvestMate|Dollar where to join the increases?💲

Long
TVC:DXY   U.S. Dollar Index
💲Dollar where to join the increases?

💲As in my last post on the dollar I perfectly predicted the upside.

💲Yes, and this time I will decide to identify the ideal place to join the upward correction of the downward wave.

💲I determined the support zone between the level of 0.382 and 0.618 of the entire upward impulse.

💲I determined the resistance zone based on the cluster of the 0.382 level of the entire downward wave and the 1:1 level of the largest upward correction of the entire downward impulse.

💲The scenario I am playing out is a rebound in the resistance zone and a continuation of the upside taking into account smaller corrections on the way to the resistance zone.

💲*Please do not suggest the path I have drawn with the lines this is only a hypothetical scenario.

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