Dxy already hit tp1 and is now consolidating in a zone where it’s either creating a higher low (#2) of a bearish Elliot wave structure or expanding higher to break the range for its target of liquidity resting above the x and d legs of the harmonic
Keeping eyes on it
Correlation to keep In mind is:
If Dxy bullish then
Xxxusd pairs bearish
USDxxx pairs bullish
And vice versa
Keeping eyes on it
Correlation to keep In mind is:
If Dxy bullish then
Xxxusd pairs bearish
USDxxx pairs bullish
And vice versa
Order cancelled
heavy ranging --- invalid
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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.
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.