pixi

99 is the target, 105 is the potential

TVC:DXY   US Dollar Currency Index
517 3 20
Hi,
Dxy             is always in range and it's heading towards its previous high.
100 is a psychological level and any break would push dxy             to a new high.

There are several patterns on this chart.
Gartley bearish pattern at 99.2
Inverted AB=CD at 99.5
Last but not the least, an Inverted H&S with a target at 105 !

I will watch closely the completion of the bearish patterns if they occur to see if PA happens.
Comment: Price has reacted perfectly on 1.272 XA at 99.11.
I was looking for a reversal in lower TF but i didn't catch any good option.
Waiting retracement / retest PRZ to go short.
Comment:
snapshot
As usual brilliant stuff
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Hello Pixi, You think up move resumes next week? Thanks and congratulations on great, clear charts and strategy!
Reply
pixi lbg01
@lbg01, hi. I don't know if the move will resume next week (maybe range before). This wave down since 103.8 is, imho, just a retracement.
DXY completed a bearish butterfly on daily TF and reached first and almost second TP.
snapshot
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