DXY Bearish Butterfly + 3rd Elliot Wave flag consolidation.

As you all may know in my previous DXY analysis I shared a bearish trap in the weekly analysis , right now DXY is in a Bearish flag consolidation at our 4H chart and a Bearish Butterfly Pattern.

Also you can see that DXY is losing strength in MACD and RSI indicators divergence indicated in chart, therefore is a good time to go selling short down to 89.9 zone.

Remember that DXY directly affects all mayor pairs, therefore you can short selling pairs like USDCHF , USDJPY , USDCAD or short buying in pairs like XAUUSD , EURUSD , GBPUSD .

Also I am glad to share that we are creating a Telegram Group for Forex Advance Helping with no fees and payments, only for forex advanced analysis sharing, If you want to join us, just leave a post in this analysis and I will contact you back.

Safety Trading Folks!!!