One last bull movement in correction mode
DXY index, KEY NOTES
1. Price in motive mode wave cycle III , which wave primary 1 was finished on March 28,2020. So now , price in correction primary wave 2.
2. With 2 trendline, I get clear view that price must be go up to re-test. However, in elliot wave, I see it as WXYXZ primary wave 2.
3. WXYX were finished couple weeks ago, so today May 7, 2020, price must be move up to fullfill last movement of wave Z intermediate .
4. Please note, DXY will up only until 100.81 point. So I suggesting you to LONG DXY
Many thanks for your attention to my idea. I hope this can help you, and please follow me , give me your like . I appreciate it so much.
THANK YOU once again
1. Price in motive mode wave cycle III , which wave primary 1 was finished on March 28,2020. So now , price in correction primary wave 2.
2. With 2 trendline, I get clear view that price must be go up to re-test. However, in elliot wave, I see it as WXYXZ primary wave 2.
3. WXYX were finished couple weeks ago, so today May 7, 2020, price must be move up to fullfill last movement of wave Z intermediate .
4. Please note, DXY will up only until 100.81 point. So I suggesting you to LONG DXY
Many thanks for your attention to my idea. I hope this can help you, and please follow me , give me your like . I appreciate it so much.
THANK YOU once again
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.