ash.tsikwa
Long

DXY bulls Loading or nah?

TVC:DXY   U.S. Dollar Currency Index
daily closure left clues for a possible wick fill that could occur, 4hr PA suggesting AB=CD (c-leg @96.21) needs to get completed with a possible D-leg @97.10, but an imminent pullback to recently broken resistance zone of 96.5 had to first come to pass to fulfill the markets predominant wavy motion. this pullback has hinted out another ab=cd move on a lower tf (2hr) which correlates with htf if we can get the golden fib ratio sweet spot and trendline bounce off, on our broken resistance region making this confluence just so much sweeter. now i await a significant candle stick formation to validate my exuberant thoughts and I'll trigger upon receiving such gratification on a few majors that correlate with my idea. I'll personally stick away from EUR and GBP pairs for now with brexit talks that apparently has already costed the UK £40billion due to the lovely PM May who supposedly is trying to regain favor by having talks in her county retreat...

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