PRO_Indicators

DXY / M1-D1 : Too early to call.. better wait and short wave 5

TVC:DXY   U.S. Dollar Index
5
The multi-timeframe Monthly vs. Daily analysis both tend to confirm that this is to early to make a decent call on the Dollar. There's still a chance to catch up on nice trades during the consolidation.
It's too early to know what this correction will look like, bet let's forecast the most common zigzag .. We would still be searching for A point bottom on montly basis. And Daily tends to say that we still need to complete the wave with a 5th final subwave to reach A.
Of course this point can be bought and I will if I have a proper signal. For now my plan will be to sell one last time for the fifth bear wave (this will allow me to call A point with a free stoploss paid by the short !)

Hope this idea will inspire some of you ! I'm pretty new to TradingView so I'ld appreciate any like/follow if you feel like it deserve it ;)
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