It's not financial advice.
It's just my prediction about the future of the DXY index
Just see and Think about it.
I think it's so interesting analysis to imagine the future of DXY.
So Let's go
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In the first level let me tell you more about the relationship between DXY and the cryptocurrency market.
It is a known fact that the...
Dollar Index is on edge of broken pitchfork, next targets:110 & 122.
At my previous idea on DXY the bullish diamond pattern is formed.
Cancellation of idea in case:
If the M bar closes below the red level 0.618, then targets 78 & 62.
Go green! ;-)
In this article I will be doing Elliott Wave Analysis of the Dollar Index, as you can see from the current count that we are in a Wave 4 of a higher degree Wave 3, hence it calls for a buying opportunity.
I believe that the 38.2% level that is coming near 100.24 should act as a Region of Support and hence buying can be initiated there.
Strategy :
Wait for...
