So as for now we can see DXY is probably making cup and handle pattern but its inside strong support/resistances which can indicates if yes or not.
We can also see that is looking for his supply which can be another clue about bullish trend in monthly chart.
Also can explain my other post about USDMXN which is about to pullback in H-C-H pattern.
Even above behavior already explained I saw in CRSI that for now overbought which makes me doubt a little bit, so I hope it is just a 4th Elliott's wave in lower timeframe.
We can also see that is looking for his supply which can be another clue about bullish trend in monthly chart.
Also can explain my other post about USDMXN which is about to pullback in H-C-H pattern.
Even above behavior already explained I saw in CRSI that for now overbought which makes me doubt a little bit, so I hope it is just a 4th Elliott's wave in lower timeframe.
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Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.