DXY Dollar index long term wave 4 buy level
Major fib cluster with harmonic bat confirmation
Going to buy at 89.50 to 90.45 looking for a larger swing up and nice R:R trade,
first target 3.2:1/ final target 9.6:1 on this timeframe
Will scour lower time frames when in the zone to look for lower risk entries and look to build position in zone for longer term swing up
Short term USD weakness so USD pairs likely to keep rallying short term, looking to sell USD in the next weeks and buy this position for a longer term play
Going to buy at 89.50 to 90.45 looking for a larger swing up and nice R:R trade,
first target 3.2:1/ final target 9.6:1 on this timeframe
Will scour lower time frames when in the zone to look for lower risk entries and look to build position in zone for longer term swing up
Short term USD weakness so USD pairs likely to keep rallying short term, looking to sell USD in the next weeks and buy this position for a longer term play
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Related publications
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.