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U.S. Dollar Index

DXY UPDATE

By learnfromfailure
Updated
In my last analysis below I said that I would not short DXY yet, only if it is around 106 , now I give a higher probability that DXY will try 108. WHY?

Everyone sees that this movement is nearing its end, some have already lost money because they were short before , after that - deviation, then downward movement.

When that happens, I think it will reach the last relief of this year with SPX, GOLD, BTC, and other assets.
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107 so far
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snapshot
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snapshot this is a 15 min chart, what is formed now is mostly what 4 waves look like before 5 impulsive, it doesn't necessarily mean but the structure says otherwise. We are currently in a major resistance zone and anything is possible
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snapshot how I look this chart
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snapshot invalided setup, look picture above and same some we have now
Chart PatternsDXYTechnical IndicatorsinvestingStockstradinganalysistradingsignalstradingviewTrend Analysis
learnfromfailure
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