- The Dollar Index 
DXY has a very interesting
short to mid term time frame ahead regarding
its Price Action and Decision Making Time ticking .
CurrentlyDXY is bouncing around a Big Middline S/R
area of 100-106 Range.
Both 'ANIMALS' have their fair share of Case,
while for now,
Bulls are more dominant on medium term
while Bears have taken total control of short term *Hourly Time Frames
by CHoCH impulsively and having a realif bounce (completion of Wave
(Bulls) - - -> Break out & Retest + Bull Flag formation pattern post break-out
(Bears) - - - > Fakeout ; Wave C Headed Lower
DXY has a very interesting short to mid term time frame ahead regarding
its Price Action and Decision Making Time ticking .
Currently
DXY is bouncing around a Big Middline S/R area of 100-106 Range.
Both 'ANIMALS' have their fair share of Case,
while for now,
Bulls are more dominant on medium term
while Bears have taken total control of short term *Hourly Time Frames
by CHoCH impulsively and having a realif bounce (completion of Wave
(Bulls) - - -> Break out & Retest + Bull Flag formation pattern post break-out
(Bears) - - - > Fakeout ; Wave C Headed Lower
Note
#Debt Ceiling Scnearios (Idea attached)
*2W (tf)
(Zoomed out perspective)
May be
DXY ,has topped out , printing another Lower High in its Larger Time frames Downtrend coming from 114 High.
Note
# Close up 1HR Downtrend
Wave B about to be completed ?
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Related publications
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.