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13apr22

DXY - 13Apr2022DXY - 13Apr2022 On the daily, DXY convincingly closed above major 78.6% Fib resistance at 100.04. For now price is overbought and daily Stochastic is at resistance, we could expect a pullback from 1st Resistance at 100.49 On the H4, latest price action have been revised to Wave 3. Both price + H4 Stochastic is at resistance therefore we could expect DXY to pullback/consolidate for Wave 4 complex correction. In addition H1 Stochastic has been forming negative bearish divergence. This is for personal work record purposes only, not financial advise or solicitation of trade.
TVC:DXYShort
by TTMFS