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Mihai_Iacob
2021년 5월 23일 오전 4시 29분

DXY- A clear falling wedge 

U.S. Dollar Currency IndexTVC

설명

Since the beginning of May, USD was weak and dropped again under 90 figure.
However, the drop is not impulsive and the lows are marginal, forming a falling wedge on the lower TFs.
A break of wedge's resistance could lead to acceleration to the upside and we finally can have a correction on usd pairs
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kennypilanski
nice your work
HollyDary
Really like your charts.
MMBTtrader
after breakout rise is expected
Mihai_Iacob
@MMBTtrader, yes, i wait for the break
1BigPapi
Just so I'm tracking- you are saying DXY is in correction/downtrend and the bounce up is just a correction along the way?
Mihai_Iacob
@misterbumble, if it breaks up it can correct.
The long term trend for usd is down though
VenusTaylor
Nicely done and detailed
Viperboy232
Not sure we will see a full breakout this week but I can see it staying in that 90-90.50 range
MarcellusLUX
Perfect set-up, waiting for the breakout :)
AtlasTrades
I agree with your opinion
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