Davidford13512

DXY GOING DOWN TO BOTTOM OF BROADENING WEDGE & 5TH WAVE

Short
TVC:DXY   U.S. Dollar Index
DXY will drop to the bottom of the broadening wedge which lines up perfectly with the bottom of the Bollinger band. Price may overshoot bottom of wedge & Bollinger band to hit the .618 fib or .65 fib golden pocket retracement. If price overshoots to the fib targets than broadening wedge would be widened for future trade setups. We are also on the 5th wave of wave A. Price should then Go up to top of broadening wedge as seen in chart to complete the larger B wave and then follow down to the bottom of wedge to complete the C wave
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