Khiwe

DXY Pushes Up | EW Structure

Long
TVC:DXY   Indeks dolara amerykańskiego
Hi

The DXY formed a nice bullish pattern at 95.821 that could push the price towards
98.736.

At point 5 of this Elliot Wave structure, we might see a strong resistance and then price to fall towards 94.051 Lows.

But for now, at this moment, this is very bullish.


* Price charts are structured, they are measurable, their patterns are repeatable, but it is all relative. The relativity of price patterns causes people to talk and sometimes to argue and for them to lose their capital.


Take care and happy trading.


Khiwe

On this profile page, the shared analysis, ideas, and also, the strategy of a chart belong to Khiwe with some being influenced. The technical set-ups are speculative, they are not guaranteed for accuracy or completeness in the form of any content; -it is not to advise on financial markets. Please apply your own analysis and confirm it with price action.

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