DXY goes up or down
Updated
Despite the idea of a bearish impulse for dollar index I think it will surprise us and goes up. A reliable Head and Shoulders patter is obvious and its Neck Line breakout also happened and the last confirmation for me is to breakout a green zone.
For now just wait and see because we can have very good position in EUR if it analysis is correct.
Thanks
For now just wait and see because we can have very good position in EUR if it analysis is correct.
Thanks
Note
it seems that EUR and DXY are playing more complex between buyers and sellers and as mentioned above we don decide for another bullish movement unless our last higher high is broken up.Just wait for them now
Note
Hello I have decided to focus on Stock market but I will finalized all other instruments I have publishes till now.
It seem that DXY (and EUR) is following our analysis but with a little different patterns. Wave WXY is valid yet and for now DXY just finished its wave C of ABC of X and is starting to end wave Y (Intermediate) to complete wave Y Primary.
Note
what we expected as wave Y primary might be a C wave with ED patter.I have posted and new idea for this analysis.
AMA
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