In my last analysis below I said that I would not short DXY yet, only if it is around 106 , now I give a higher probability that DXY will try 108. WHY?
Everyone sees that this movement is nearing its end, some have already lost money because they were short before , after that - deviation, then downward movement.
When that happens, I think it will reach the last relief of this year with SPX, GOLD, BTC, and other assets.
Everyone sees that this movement is nearing its end, some have already lost money because they were short before , after that - deviation, then downward movement.
When that happens, I think it will reach the last relief of this year with SPX, GOLD, BTC, and other assets.
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107 so far
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this is a 15 min chart, what is formed now is mostly what 4 waves look like before 5 impulsive, it doesn't necessarily mean but the structure says otherwise. We are currently in a major resistance zone and anything is possible
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how I look this chart
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invalided setup, look picture above and same some we have now
