TVC:DXY   US DOLLAR CURRENCY INDEX
210 1 12
a month ago
The dollar index             seems to be in a wave 4 correction. Price consolidates sideways and we see three legs lower. This correction might be over by means of a shallow correction. However we have to keep in mind that we might see another leg lower towards the 38.2% Fibonacci ratio as well as the wave 1-2 channel zone.

If we see a break lower I will be shorting the dollar index             , if that's a minor consolidation lower and not an impulse I adjust and consider this wave 4 correction to be over.

So keep an open mind, I either sell for a new low for C or buy after a consolidation.

Safe trades!
a month ago
Comment:
snapshot

Related Ideas

TimStuyts
EURJPY
TimStuyts about EURJPY 2 a month ago
TimStuyts
NZDJPY
TimStuyts about NZDJPY a month ago
TimStuyts
AUDNZD update
TimStuyts about AUDNZD 1 2 months ago
TimStuyts
GBPUSD update
TimStuyts about GBPUSD 1 2 months ago
bilk29
a month ago
thank you Tim
+1 Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out