ElliottWaveBelgium

DXY - Dollar weakness to come - Risk/Reward of 3.8 !!!

Short
TVC:DXY   U.S. Dollar Index
Price going lower in impulsive fashion as long as we trade below 97.2.
This view is supported by EURUSD & AUDUSD trading higher.

Trade Setup :
Entry : market price (or ideally 61.8% Fib level)
Stop : 97.2 (invalidates the wave count)
Target : 93.7
Comment:
Price continuing lower nicely.
Move Stop to break-even !
Trade closed: stop reached:
Nothing lost. Nothing won.

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