USD Index/DXY bearish project H4
Updated
If current 
DXY minor bullish blue Wolfe wave formation reaches its target, the senior orange WW will be formed and it will likely become an interesting opportunity for opening shorts.
Currently opened 2 long positions to pursue point 6 (blue).
The outcome of this project will surely be affected by the news tomorrow as the market reaction may swing the price in different directions.
In any way, it'll be an interesting day tomorrow :-)
Good luck to all!
DXY minor bullish blue Wolfe wave formation reaches its target, the senior orange WW will be formed and it will likely become an interesting opportunity for opening shorts.Currently opened 2 long positions to pursue point 6 (blue).
The outcome of this project will surely be affected by the news tomorrow as the market reaction may swing the price in different directions.
In any way, it'll be an interesting day tomorrow :-)
Good luck to all!
Trade closed manually
After release of extremely poor data of US Core CPI/Retail Sales, DXY just crashed and unfortunately grand orange WW is no more. They'll be many others though later :-)
Trade closed manually with minimum losses even before hitting the SL as the course of events was quite obvious after the data release.
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