DXYtradingview.com/x/cSRlX3hF//
It's not perfect, but the 2-week chart going back to 2014 looks to be in a potential multi-year Bullish Gartley pattern? Fibs look to be holding as support/resistance levels also
Could cause stocks/crypto/commodities to fall for a while while the DXY pumps?
Thoughts?
Note
Hmm seems like the DXY has left that fib behind for good, and is ready for a solid run towards 95
Note
Appears to have flipped previous resistance to support around that fib too
Note
Noticed some similarity between the current state and the 2017-2020 cycle for the DXY
Copying the bar pattern we could see something like this occur
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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.