DXY Monthly has potential to fall this year (2019)
My analysis is based on geometry and candlestick patterns and counting conformations.
My support and resistance lines are drawn at the candle body close price after a 3 count method at highs and lows. Which ultimately run into previous zones of consolidation, retest, breakouts, etc.
For the lower levels of previous price to be reached, DXY has to have a downside breakout then create a low high to even consider if price will move lower.
My support and resistance lines are drawn at the candle body close price after a 3 count method at highs and lows. Which ultimately run into previous zones of consolidation, retest, breakouts, etc.
For the lower levels of previous price to be reached, DXY has to have a downside breakout then create a low high to even consider if price will move lower.