This is my anticipation on Dollar Index for upcoming weeks. Currently, sub-wave C of wave 4 just kicked off. It contains 3 waves i.e. corrective wave ABC waves as we can see on the chart above. Let’s see how the market will play out as inflation keeps on decreasing.
To enter, wait for channel break followed by a bear flag, then it’s safer to enter the market. Fibonacci retracements can be of a better use if price rejects your fibs level with other confluences such as 21 ema cross, etc. Good luck traders and have a blessed week.
To enter, wait for channel break followed by a bear flag, then it’s safer to enter the market. Fibonacci retracements can be of a better use if price rejects your fibs level with other confluences such as 21 ema cross, etc. Good luck traders and have a blessed week.
