AgentSmith

Turn soon on the majors?

FX:USDOLLAR   Dollar Index
33 0 1
Not the prettiest Elliot wave setup I've seen but it does merit some attention. Approaching what seems to be the 4th wave terminus and getting ready for the 5th and final wave up. Theoretically support at 10320 should hold otherwise the Elliot wave is invalidated but I wouldn't be surprised if a throw-under (term? haha) occurs.

The descending triangle also looks like a bullish formation to me. Indicators are also deep in oversold territory. Aggressive traders could enter at support (10320). I am on the sidelines here until daily candle closes provide some clarity.
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out