DXY looks to be completing a deep gartley on the 1h chart.
It is a deep gartley because the ABCD pattern completes above XA 0.786.
I expect DXY to go higher over the next few trading days.
It should test 93.70 to complete this deep gartley before potentially resuming its downtrend.
Since I cannot trade it directly with my broker, I have shorted GBPUSD on a small bearish bat.
A great week overall, hopefully the winning streak will continue next week!
Wish everyone a great weekend ahead!
It is a deep gartley because the ABCD pattern completes above XA 0.786.
I expect DXY to go higher over the next few trading days.
It should test 93.70 to complete this deep gartley before potentially resuming its downtrend.
Since I cannot trade it directly with my broker, I have shorted GBPUSD on a small bearish bat.
A great week overall, hopefully the winning streak will continue next week!
Wish everyone a great weekend ahead!