Analysis on chart, this post is a follow up to thoughts posted a few weeks ago that came to be true (linked below). I view this, USDCAD, and EURUSD as the most optimal vehicles to ride DXY strength; choose your vehicle.
Like/share your opinions below!
Comments
IvanLabrie
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I think the move might be a 1-2,1-2 with your 3 being a 5th or a complex correction completion:
Nick_C_
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Hmmm, I agree and think this explains the sketchy momentum character for my listed wave C.. Different labeling that makes more sense, holding the same conclusion.. Great addition, thank you!
IvanLabrie
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Let's just wait and see, I'm still long, looking to add if it continues to move up after a retracement.