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samitrading
Dec 16, 2020 10:58 AM

DXY's April did line formation, regardless of your strategy ! 

U.S. Dollar Currency IndexTVC

Description

Weather you are Bullish or Bearish, 9 months of formation so far should be observed to say the least!

wish you all the best.


Comment

Breaking this, we could see Triangle's target of 79.xxx

Comment

Still holding in there. This week is a key week for DXY.

Comment

SPX is possibly forming right here guys in this DXY chart. Two wedges (different sizes) One on SPX 5th Elliot wave and one on DXY also an 5th Elliott wave, to be watched to say the least.

Comment

Possible bullish break out here, if confirmed with a better retest of the line targets
are:
1/ 94.2xxx 2
2 / 100.xxx
3/ wedge ultimate bullish break out target is 99.xxxx

wish you safe trading.

Comment

Possible retest of the broken wedge. Or a bull's trap !!! watch the line these couple

of days.

Comment

Still playing with line for the second time.
Comments
aparkon
indeed
samitrading
@aparkon, Breaking this could mean things good get bad for dxy.
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