D2RoLLN

DXY Three Falling Peaks?

Short
TVC:DXY   U.S. Dollar Index
The DXY has been on a steady steep decline since the beginning Nov of 22. By mid Nov we can see the possible first peak forming. These patterns if played out have different success rates in bull vs bear markets and can also act as a reversal pattern or a continuation. This week early December the 2nd valley or left side of third peak seems to be forming after 104.xxx dip . Lets see if we run up to 106.xxx/7 followed by rejection back to previous lows here we will see dxy reversal or bear continuation. Have fun traders looking forward to the new year!
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