Dollar Index - chances for more than 5% returns
FOLLOW SKYLINEPRO TO RECEIVE UPDATES.
DXY is at later stages of wave (B) down, a counter trend ABC pattern after a 5 wave impulse up (A). The next pattern should be a C wave which will bring the index to levels above the March 19 high. In the alternative scenario If wave(B) is not finished yet, the final stop could be between 96.4 to 98 before moving up. to above March 19 high.
DXY is at later stages of wave (B) down, a counter trend ABC pattern after a 5 wave impulse up (A). The next pattern should be a C wave which will bring the index to levels above the March 19 high. In the alternative scenario If wave(B) is not finished yet, the final stop could be between 96.4 to 98 before moving up. to above March 19 high.
Trade closed: target reached
price reached 100.93 instead of 103. Gains of 2.7% achieved in 10 daysNote
that is up to April 7
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.
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.