seine

DXY 4.5 years cycle

INDEX:DXY   U.S. Dollar Index
426 14 6
A cycle may not always repeat. As far as I know, they should not be the buy and sell signal.
jangseohee
2 years ago
Fed playing with Symmetry, Amen
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DanV MOD jangseohee
2 years ago
Interesting chart, Thanks for sharing. Not sure why you have projected strength in DXY to 2019-17. How do you measure or relate these swings to previous ones? are they related by Fib or some other means?
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jangseohee DanV
2 years ago
Nope the analysis is just by the symmetrical number of years for ups and downs assuming that price move at 45 degree.. but bcoz it rise so much so fast, the symmetry is somehow destroy :-)
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DanV MOD jangseohee
2 years ago
OK that explains it. Time symmetry is important though often not by 100% relationship. Like price they also can be other combinations too. Hence, unless that is taken into account this could prove misleading I feel. But I understand I could be completely wrong on this. Thanks for your answer.
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jangseohee DanV
2 years ago
Just sharing diff perspective, necessarily i am right :-)
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DanV MOD jangseohee
2 years ago
LOL, OK. Thanks
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jangseohee DanV
2 years ago
sorry, typo error, Not necessarily i am right :-)
haha
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DanV MOD jangseohee
2 years ago
No Problem. Thanks.
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DanV MOD
2 years ago
Correct. Also folks take cycle period measures fro HL or LH. However, they often alternate ie one cycle could be HH and another cycle could be LH or LL. Many fail to take that into consideration too.
+1 Reply
sammantic
2 years ago
I see an Inverse H & S forming in your chart. This move has legs.
+1 Reply
DanV MOD sammantic
2 years ago
Not sure if is it specifically inverse H&S. However, assuming it might be, have you pondered on what happens if the H&S fails to confirm?
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seine DanV
2 years ago
Can you show where the inverse head and shoulder is? I don't think I can see it.
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jangseohee seine
2 years ago
Me too, i just can't see it
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DanV MOD jangseohee
2 years ago
There is a sort of H&S with very loose interpretation. However, for now it remains unconfirmed till we breakout above current resistance level. If that fails or breakout and fall back with in the zone it is likely that that pattern will fail and outcome could be surprising decline of DXY
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