TVC:DXY US Dollar Currency Index
Hi. I also think so, but we have an alternative variant: - local up trend out of the triangle 95.20 (A) - 94.70 (B) - 95.00? (C) to the resistance 95.30, at the retracement AB - 123. Your variant have the pattern IP1 (23.6%-8.8%-50%) and it makes possible the targets to area 94.50, but I don't understad why do you make the retracement zone from right to left? The classical retracement build make off left onto right, but it your busines. Also US Dollar index futures have now a harmonical pattern "bearish shark 8/13" and the factor makes our theory more probable.