melikatrader94

dxy ---> dollar index become weak?

Short
TVC:DXY   U.S. Dollar Index
hello guy...

in a higher time frame, dxy engulf a flag and confirmed a downward movement,

At the same time, it formed a pivot and touched %33 of the last leg

as you can see on the chart it is formed a descending triangle! In my opinion, this will break down the bottom of the triangle so up to you

You can get a short position on USD now!

or you can be patient and get it when a breakdown happens!


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Comment:
so close to break down!

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