DXY in daily chart
Updated
Hello
I expect a time consuming patter like Ending Diagonal for wave C last week, but what has happened is like an Expanded Flat that is respecting to the channel boundaries. It does not matter what it is, because we will have 2 approach. If it rise we can use this channel as a dynamic resistance for our SL level, but if it wants to fall we must focus on invalidation level.
To be honest, the most difficult chart has always been DXY for me because its patterns are weird and un-expectable.
Thanks
I expect a time consuming patter like Ending Diagonal for wave C last week, but what has happened is like an Expanded Flat that is respecting to the channel boundaries. It does not matter what it is, because we will have 2 approach. If it rise we can use this channel as a dynamic resistance for our SL level, but if it wants to fall we must focus on invalidation level.
To be honest, the most difficult chart has always been DXY for me because its patterns are weird and un-expectable.
Thanks
Note
Wave (3) intermediate is probably in progress and we should be ready for Alt Season in the end of this rally.This is just an idea.
Note
sometime this chart is disgusting for me that all of our accounts are dependant on it. I wish it completes its wave c then drop to make us rich ;)))))
AMA
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