OAKS

4H DXY

OAKS Updated   
TVC:DXY   U.S. Dollar Index
93.82 might be the target of this leg
Comment:
if here the ending diagonal structure does not hold , then the B wave should come, and in long term we could form a big H/S, In his case , EURUSD should retrace to 1.20-1.21 level... but if it holds then we see 1.1440 maybe
Comment:
TF in 4H, structure hold for one more leg, perhaps half leg, keep watch the last high and structure boundary upside

TF in 1h, a correction flag is forming, shout up will continue still this afternoon.
Comment:
Ending diagonal is closed to end, sell higher and waiting for a big drop of DXY. For instance eurusd may reach 1.21 in this big B(yellow ABC) wave

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.