Dollar Index
Lower top breakout above 91.40 and
higher top and higher bottom sequence is in place
Expect 94 to be tested with volatility.
Support of 91.4 need to be violated
very quickly for world equities to prosper in near term.
Negative divergence on RSI
but negative divergence at time tend
to delay the fall.
Dear friends,
Don't follow me blindly...what i am sharing here, is my knowledge not signals
I am sharing my view through Elliott waves from past 4 yrs....i learned tons and tons here and market taught me lot and still teaching and i am listening to the market...and i am getting a lot of PM's regarding NEGATIVE COMMENTS from my friends...i am sharing here my view...
If you see 60 minute chart, You might see a clear triangle pattern and other indication also in favor for Dollar up but not clear when it will happen so be prepared for DOLLAR upside breakout but there is a minor chance for downside also.
I am more in upside rather than downside because of too many support are in placed right now.
Trade-1: Buy Above Central Pivot...
