TTCSteve

DXY - Short

Short
TTCSteve Updated   
TVC:DXY   U.S. Dollar Index
The wave i of 3 of (v) was a clean 5 wave affair and we now have in place 3 waves in what I'm counting as the wave ii. If the count is correct, next week should see a powerful wave iii of 3 lower with the high from the 12th as the marker. Low volume into end of year isn't ideal but that's what the structure suggests at present.
Comment:
The iii of 3 of (v) of ii is in play lower towards 91.40-91.00 primary target range. The overall targets to complete this wave (v) of ii is in the 90-88 area so we may need some time into the March window for completion with all the internal iterations to unfold. Detailed charts are on twitter (at)TTCSteve if interested.
One important point to note, this is setting up for a massive dollar rally starting in 2018 and headed into the 20's!

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.