Turn soon on the majors?

FX:USDOLLAR   Dow Jones FXCM 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.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out