Dollar is overall BULLISH. Nice bounce last week, now making its way north. I expecting price to leave this expanding wedge pattern and test the daily pattern(orange). Look for Dollar strength to continue.
I've been down for a month...lets get back to riding these waves.
Chart updates and trade setups will be updated as needed below....so stay tuned....your comments are needed and appreciated....
CATCH THE WAVE......AND RIDE IT..
코멘트
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Dollar has given me all kinds of headaches this week....but it hasnt left the pattern....thats the beauty of our system....still looking for a bounce and long move....good trading...
코멘트
UnknownUnicorn638634
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DXY has not respected any of the wave patterns or animal patterns or any other technical analysis - BIG FAIL :-)
bgj101
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@jorv2074, You are correct.....thanks for your comment.....could you please post your analysis......i'll update and see if I can get back on track...
UnknownUnicorn638634
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@bgj101, My point was that even my own analysis (and I am just a rookie) was a failure. Please don't take it as a negative comment on your analysis. I did not find a single trader out there who predicted dxy would fall this low.
bgj101
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@jorv2074, no...i dont take it negatively....I just like also to see what others think in their analysis.....as I said...you were correct...the USD has given people fits these last few weeks....please continue to comment when you see fit.....thanks again...
UnknownUnicorn638634
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@bgj101, Technically, I feel that dxy is completing its 5th wave now but it needs some fundamental impetus to make it reverse around 95.50-95 area. As long as there is political turmoil in US, I don't see the situation improving for dxy.
RavinduPerera
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hey Im new to trade.could you give your email adress or whatsap no