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FUNTRADER-Vera
Nov 11, 2018 12:05 PM

1111 DXY bull inside the channel Long

U.S. Dollar Currency IndexTVC

Description

DXY has made its reflection point last week .
This is a point made after Federal Reserve decided do nothing this month. Now market is more than happy to believe that Federal Reserve will do something in the last month of 2018.
And this would made DXY up to hit 98 or higher position in the last 2 months of 2018.
The broken trnedline and E on the channel are telling the same story now.

Less is more!
Comments
jeffreyjim
"U.S. Dollar Index"
Weekly Sell Signal Given if "DXY" trades below Friday November 9, 2018 close at 96.90
Any time this week starting date U.S.A. time Sunday 11-11-2018 market open for Monday Trading 11-12-2018
This would be the First Weekly Sell Signal like this from the February, 2018 low at 88.25
This type of sell signal does not always work --- It can be very tricky
For information only --- This is not a trade recommendation
Trade at your own risk

Let's see what happens
"One Eye Jim"
jeffreyjim
"Excellent Chart Work" --- Thanks --- One very possible Wave Count at this time 11-11-2018

"One Eye Jim"
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