Commencez
Trading_Tony

Possible ABC FLAT - We could be set for a large wave 3 lower

Short
Indice devise Dollar U.S. (TVC:DXY)  
Trading_Tony  
TVC:DXY   Indice devise Dollar U.S.
Trend Analysis Wave Analysis Technical Indicators USDJPY EURUSD federalreserve USD DXY
10
4
trendanalysis waveanalysis indicator usdjpy eurusd federalreserve usd dxy
Playing around with some Elliott Waves theory.
We have seen a 5 wave structure from the major highs to form wave 1.
We could be set for a large wave 3 structure lower after an ABC flat corrective wave.

Large money printing from the FED could cause a decreased demand for USD.

If we are over the corona-virus scare there will also be a decreased demand for the 'safe haven' USD.

What is everyone's thoughts on this setup?
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.