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Wave-Trader
Feb 18, 2019 10:08 AM

DXY Watch correction for breakdown  Short

U.S. Dollar Currency IndexTVC

Description

Hi there,
DXY is testing the top and struggling to push more higher.


How you can trade on this chart.


1. It is forming correction on lower time frame wait for that to finish and look for breakdown.


Or


2. Wait for the price to test the top again and look for sell from the top. We still can see one more short term up wave with in the lower degree channel.


Good Luck.
Comments
Amid_Mammad
nightfoxFX
Still valid?
zorrays
Nice analysis - posted a similar idea - same result - different analysis.
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