(Daily) Bearish Bat @ perfect confluence between 88.6 and 161.8

TVC:DXY   U.S. Dollar Currency Index
Comment: Cluster reached > updated fibs > 38% the first target for the simple abcd pattern
Comment: from cluster to 618
You might be right in the short term for that 38.2% but keep in mind that you zoomed in and are not using a significant structure level for X. That will be the top at 100.50. So would be nice to see a consolidation towards 38.2% as you describe then buy continuation towards 99.50 area. Good trading to you!
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