meszaros

DXY (dollar index) before a further 3% decline...

Short
TVC:DXY   U.S. Dollar Index
The key is the fractal in the blue rectangle. The analysis shows that the fractal sequence in the yellow square has the same size. This includes the magnitude of the main trend and the magnitude of the correction amplitude. The first major difference is the blue rectangle. This is more important. In this rectangle, fractal modification occurs. Thus, the size of the second blue square indicates that the "response" wave sequence may be doubled. I've been trading this theory for days. I will continue to do so. If my theory is correct then the target price is 94.40 usd.

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