TradingView
MisterFXGuy
Jul 15, 2015 6:56 AM

USDOLLAR - Time is running out Short

Dow Jones FXCM Dollar IndexFXCM

Description

While there is a lot of hidden parts to this chart, there is still a clear indication that the cloned fib time is still in play. The 1D looks very short, and the clock is ticking.

If we break the recent high, 12033 would be the target to enter what will probably be a great short.

If 12033 doesn't show a good reversal signal, the proportional (to the 1st) 5th wave brings us to the next up resistance (around 12060), but we'll see what price looks like along the way.
More