DXY appears to have formed support for a Minor wave 1 of (3) of Primary C. After testing Intermediate wave (1) support, We have moved up with support levels as listed in chart in orange. This is about as early as this could be called, but the fractals all look right. Going with structure, here. Upper Fib Targets listed in Green, above: targeting 1.0 of the Intermediate (1) at 105.917 to complete Minor 1, which would take price into my orignal target box.
Anything that drops back past our last low would be a hard invalidation of this idea, but anything below support, for the next 2-3 weeks could also invalidate.
Will update IF this progresses
Anything that drops back past our last low would be a hard invalidation of this idea, but anything below support, for the next 2-3 weeks could also invalidate.
Will update IF this progresses
Comment:
Target for this 1 might be a little high, but we will see once we get up over 104, what its doing.
Comment:
lol
