DXY has been continuously falling since mid *Dec 2016 and currently there are no signs of this downtrend reversal.The minor bearish Wolfe wave is currently shaping and once formed, it can become an interesting sell entry point.
GL and profitable trades!
Trade closed: target reached
Even though the price made the peak by getting slightly above the Sweet Zone of the wave, the ECB conference helped the wave to reach its target successfully.Thank you, Super Mario! :-)
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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.