Get started
AbInvestments

DXY Rising Wedge, Easy Setup

Short
U.S. Dollar Index (TVC:DXY)  
AbInvestments  
TVC:DXY   U.S. Dollar Index
Trend Analysis Wave Analysis Chart Patterns
1
0
trendanalysis waveanalysis chartpattern
Once again another easy setup.
We can clearly see a wedge pattern forming.
Elliot wave impulse to record the 5 bounces.
Bearish break as expected, Target for this trade would be calculated using points 1 & 4 from the EW.
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.