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vikinsa
Feb 4, 2021 4:58 PM

DXY Created A Huge Bear Trap And Started To Move Upwards Long

U.S. Dollar Currency IndexTVC

Description

Trader, we have been watching Dollar for a long time now and were expecting a bear trap when I posted this at the start of the December. A huge final move was expected before the M FCP (Fibonacci Confluence Pattern) completion and then move upwards.

Fed Stimulus or not
Goldman saying Dollar is bearish or not
All media against dollar or not
Economy down or not
Market Gurus playing DXY down or not





Rules:
1. Never trade too much
2. Never trade without a confirmation
3. Never rely on signals, do your own analysis and research too

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Take care and trade well
-Vik

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📌 DISCLAIMER
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only.
Not a financial advice or signal. Please make your own independent investment decisions.
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Comments
abel11
thank you for sharing
vikinsa
@abel11, You are welcome
KU13HAL
Excellent As Usual :)
vikinsa
@KU13HAL, Thanks :)
ProfitHarvest
Catalyst for market correction?
vikinsa
@ProfitHarvest, Yes quite possibly. I am watching them like a hawk
ConConMcG
You are starting to convert me more and more with W + M patterns Vik!!!
vikinsa
@conormcgurk1, 😂 In the program I call that stage as "The stage of W/M enlightenment". Once you have seen it, it can not be unseen. Welcome!☺
ConConMcG
@vikinsa, I have been in the Marix all along!! Time to take the Red Pill!
vikinsa
@conormcgurk1, Red or Blue?
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