U.S. Dollar IndexShort
DXY is finished
Updated
To continue on my previous idea with a better chart
DXY strength has been waning as it went up
Now we see a bearish divergence on weekly (strong indicator)
Double top pattern almost fully formed
Full Fibonaci retracement
it could go lower to make a HNS before dumping in a few months, or could go right here
Generally speaking the US is strong enough to set a new High on DXY
DXY strength has been waning as it went up
Now we see a bearish divergence on weekly (strong indicator)
Double top pattern almost fully formed
Full Fibonaci retracement
it could go lower to make a HNS before dumping in a few months, or could go right here
Generally speaking the US is strong enough to set a new High on DXY
Note
well lookey over here, this is starting to look very familiarNote
if this plays out, dxy will make a new high around 110 for the final Phase (C)this could mean slightly new lows (higher probably) on equities and crypto ofcourse
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