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U.S. Dollar Index
Long

$DXY Butterfly

By FrancesMarie
Updated
DXY Flashing a clean butterfly, With a 4 hour inside bar off the 1.272 trigger. This breaks down below 1.414 stocks can rally. However if it breaks up expect lower on indices. (DXY has a inverse correlation to indices) We know the butterfly patterns tend to put in bottoms and start rallies. See targets highlighted @ 382 & 618 and lastly top of pattern.
Note
TP 1 & @ Clean bounce not done imo, Look at NQ & ES, inverse in effect
ButterflyHarmonic Patterns
FrancesMarie

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