Get started
peterdcharlebois

DXY- The sloping trendline is very important

U.S. Dollar Index (TVC:DXY)  
peterdcharlebois Updated   
TVC:DXY   U.S. Dollar Index
USD dollar dollarindex Elliott Wave
3
0
usd dollar dollarindex elliottwaves
Well... at least the downside risk is obvious. The price action around the trendline will be interesting
Comment:
The DXY has stalled at the downward sloping trendline. A clear break has not happened yet. At this time, it's about a 50% chance it could go either way and some correction is due. These are the times and places to be most patient. I have to sit on my hands.
Comment:
Broke above and then failed and broke back below the trendline.... Wich way DXY... wich way?

Related Ideas

peterdcharlebois
My take on the Dollar Index EW
peterdcharlebois
EW still blows my mind... Picked this up just off the bottom
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.