Wavetheory
DXY - Cheating with the Joker - Double or Triple Three?Trading tip:
Caution is needed with the Wave Counts below as the Dollar Index could "pull" its last available "joker" in its sleeve and extend the Corrective Structure towards a Triple Three, thus resulting in a temporary Bullish outcome before the expected fall.
Members already took profits on the previous BIG RED BEAR knocking on your door! Part 2 - DXY 2H set-ups while some performed some trading maneuvers such as moving SL to break-even or in profit.
According to the next moves, the Structure would become clearer and a new analysis would be posted when the time will come.
Many pips ahead!
Dollar Index (DXY) - Completing the Correction like a ChampDollar Index (DXY) is currently trading within a Complex Corrective Structure (WXY), with the last piece remaining to unfold on the Bullish side.
After this scenario would be validated, I would be expecting a last Bearish Trend (which could be significant), thus leaving room for EUR/GBP/XAU/XAG to complete their last Bullish Swings for each of their Cycles.
*Support available for Members.
Many pips ahead!