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iverwl

DXY triangle wave 4

Long
U.S. Dollar Index (TVC:DXY)  
iverwl Updated   
TVC:DXY   U.S. Dollar Index
Wave Analysis Technical Indicators DXY BTCUSD EURUSD
2
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waveanalysis indicator dxy btcusd eurusd
DXY is in a triangle wave 4, working on the final leg down before we go up again in a 5th. We will take out the liquidity under the relative equal lows marked with green line. Then the recent rally will end, and bear market will continue.

Not investment advice, just for educational purposes.

Comment:
Possible bounce here as expected. Risk-assets and EUR/GBP/YEN will most likely drop.
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