X87
Long

Channel / Ended Wave 3, ready to go forward again

TVC:DXY   The U.S. Dollar Index
28 1 1
After US election DXY             channel correction was finished and structure was broken.Then we observed impulse with a small corection started last week. Now transiting upward channel just finished Wave 3 bear and ready to start Wave 4 bull. 100.60 has shown to be a strong support ( double bottom ). This idea will be invalidated if DXY             below SL 100.10 returning to previous channel so be cautious. Entry 101.5 TP1 102.6 expect correction flag and then new Entry TP2 104.00 Wave 4 finish, and then wait for TP3 106.00 = 1.618 FIBO since impulse started.
goodjob!!!
Reply
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out