IvanLabrie
Long

DXY: Dollar correction timer expires today

INDEX:DXY   U.S. Dollar Index
If the target described by the light red ray isn't reached until the close, then we can expect the uptrend to resume tomorrow.
Rgmov is showing signs of support at a previous sideways area, which is a good sign in itself, paired with the fact that there is no new 2 month low until now.
Entry long would be above the lowest high with a 1 atr stop under the low.
Good luck!
Trade closed: target reached
IvanLabrie PRO IvanLabrie
Previous downtrend target reached.
Possible reversal level.
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snapshot


Potential reversal incoming...this should boost gold, crude and *usd pairs.
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If price doesn't move with force over 99.46-99.79, we can expect to resume the decline with a stronger and faster fall than the past two.
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Decision point, it's possible to see a correction now, and then a strong move above the resistance above.
So far, I mapped every move and level correctly, it's good to see your work paying off, and having these charts serve as a guide for your trading thanks to TV's capabilities.
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DXY is a sell now, was perfect right at the open today.
Target 1: retest of 93.39, target 2: 94.44 to 93.55 by April 17th or earlier.
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IvanLabrie PRO IvanLabrie
*typo: 96.39 (target 1)
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Intense gap down under support, expect further down.
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