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TerryHarmonicTrading
Aug 21, 2020 9:34 AM

DXY deep Gartley completion at 93.70 Short

U.S. Dollar Currency IndexTVC

Description

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!
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