WeTradeWAVES

DXY completing correction and then down again

Short
TVC:DXY   U.S. Dollar Currency Index
DXY is in correction once the up move is finished we will sell it again. First we need one more up to complete the correction and then we'll be looking for the sell setups again potentially the week after. Remember if you wanna buy it make sure to take profit at small intervals we are in strong down trend.

Now, after experimenting all the technical analysis techniques over the past 8+ years, i.e. Dow theory, Elliott wave theory, Advanced patterns, Harmonic patterns , Support & Resistance , Chart patterns and Indicators.These methods might be working for so many people but we came to the conclusion that only "Wave Analysis" is powerful enough to make us consistent profitable forex traders.

If you're a trader who wants to use TradingView to learn more about "Forex Trading & Wave Analysis", make sure to follow us, like and comment.

What we are sharing here is only our point of view on what could be the next move in the "Forex market" based on Wave Analysis and not signals...

Trade with care
We Trade Waves