DXY is in correction once the up move is finished we will sell it again. First we need one more up to complete the correction and then we'll be looking for the sell setups again potentially the week after. Remember if you wanna buy it keep moving your stops in profit as soon as possible.
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...
I geniunely think we will not get a leg up until the election. So I expect a consolidation around 91.7/93
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@Jamal92, Very possible if we see it going up very slowly we will close our trades we are already in risk free buys since last week so the worst case scenario should be breakeven. thanks