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Complex Pattern is pointing towards a possible sell-off in a Minor Wave C (red), which could be quite big. If you like what you see and wish to communicate, please see more details in my signature.
If you like what you see, then you can visit the website for more.
If you like what you see, then you can visit the website for more.
If you like what you see, then you can visit the website for more.
If you like what you see, then you can visit the website for more.
If you like what you see, then you can visit the website for more.
If you like what you see, then you can visit the website for more.
If you like what you see, then you can visit the website for more.
DXY has been rising a lot recently, as per the previously posted Part 1 of 8 - USD alias "Dollar Hulk" - Green Bull Rodeo article. It could be getting the hammer soon, as multiple signs are pointing towards a Bearish possible outcome: -Expanding Ending Diagonal within Minute V (green) -Contracting Ending Diagonal within Minuette (v) (black) -Bearish Divergence...
DXY could continue towards 89.60 before running towards 91.40 Levels. At those levels, it will be watched for the down-trend to continue. *Please like and share if you found the idea useful. Thanks!
Bullish Correction does not seem to be complete as the DXY Pattern keeps on becoming more and more Complex. In other words, DXY could commence a Bullish Swing in order for the entire Corrective Pattern to complete. This is because the Bearish Swings previously predicted in the FOMC Press Conference - DXY - Triple Three article do not really fit a proper Impulse...
XAG/USD – SELL Positions: Aggressive – 16.65 with SL @ 16.87 Moderate – 16.70 with SL @ 17.00 Targets – 16.40 / 16.15 / 15.85 / 15.50
EUR/USD – SELL Positions: Aggressive – 1.24250 with SL @ 1.2480 Moderate – 1.24500 with SL @ 1.25100 Targets – 1.2340 / 1.2250 / 1.2180
DAX30 – BUY Position: 00 with SL @ 11700.00 Targets – 12200.00 / 12450.00 / 12650.00 / 12850.00
XAU/USD – SELL Positions: Aggressive – 1245.00 with SL @ 1360.00 Moderate – 1350.00 with SL @ 1370 Targets – 1325.00 / 1310.00 / 1295.00 / 1285.00 / 1265.00
FOMC Press Conference is right around the corner and the outcome is being watched by traders all over with much interest. Dollar Index (DXY) is showing a Triple Three Pattern which would mean that USD could get trashed once more, just as it did on my previously posted "FED December Rate Hike – DXY Technicals – Elliott Wave Analysis" article when I said that the...