TVC:DXY   U.S. Dollar Index
So I had posted this idea a week ago and we can see how it’s playing. Now I cant 100% stay if this correction for what I belive is wave A will stop directly at my targets area becusee we have a strong demand zone around 93.50 where wave 4 caught support. Howver if we did correct that deep then we might be setting up for a head and shoulders pattern but that’s speculation for now. If we get a rip here soon and head back up I would seenBTc and markets pull back abd retest suppor areas. As long as DXY contiue on this path idea, nezt push up would be wave B and the rejection of occurs could be the bottom for markets and BTc. This would insinuate one more bleed out before rip

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.