TradingView
robus
Apr 20, 2017 8:37 PM

DXY : Long Setup towards 107.90 and 113 Long

U.S. Dollar Currency IndexTVC

Description

I think we did Minor 2 of pending Intermediate wave (5) and towards minor 3 at 107.9. This is the extension of Primary C from 2012 bottom. I see the cycle top at 113 in time frame of FY '17 to Q2 '18.

Refer to my previous DXY chart as linked. I will keep updating on lower TF.

Happy Trading

Note: Trade your own plan. This chart is for reference purpose not the trade call.

Trade closed: target reached

Comments
kunsan
Nice chart, almost exactly the same as my own view. The difference is that I believe we are now in a rising wedge after your wave 4. In other words your green 1,2 would be 'a' 'b' of a rising wedge.
robus
@kunsan, Thanks. I would love to see your chart. do comment it here.
More