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TheMaverick187
May 2, 2021 2:19 PM

DXY Long Long

U.S. Dollar Currency IndexTVC

Description

We are in a very large leading diagonal in the dollar index. We have completed 4 of the 5 waves in the leading diagonal and now we are in the final wave 5 before we start seeing our correction. There is a possibility that we will reach beyond the high of the previous push up. We had an ending diagonal with the characteristic 5 pushes. We broke the ending diagonal, now we are waiting for a retest of the breakpoint to look for further longs. The dollar index also rejected the 61.8 retracement of the upwards move (wave 3)
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