Macro - DXY Falling Wedge Reversal Confirmed
Updated
Idea for DXY:
- Falling Wedge Breakout, Re-test and confirm rising ML Channel.
- Likely USD enters an uptrend, risk assets see corrections.
- Forecasted DXY bounce May 23:
GLHF
- DPT
- Falling Wedge Breakout, Re-test and confirm rising ML Channel.
- Likely USD enters an uptrend, risk assets see corrections.
- Forecasted DXY bounce May 23:
GLHF
- DPT
Trade active
Euro is the same trade, wedge breakdown: Trade active
All within frequencies: Trade active
Pulled back to 200MA and holding: Trade active
May confirm new ML channel: Trade active
2 tars hit: Trade active
PT hit, will updateTrade active
yes it should hit the top of the ML channel before returning to ML: Trade active
plus a bull flag move: Trade active
All original targets were met. It seems that 95.580 is next:Trade closed: target reached
Now time for risk parity
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