donaldsaw

SHORT on the US Dollar index

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TVC:DXY   Valutaindex för U.S. dollar
Since my last post, there has been massive movements with the USD and I expect more to come as the rally of the USD doesn't look completely finished yet.

I still believe this is an Ending Diagonal and the previous wave 5 I posted is looking more like a wave 3 so this is my update as it is looking likely that the strength in the US dollar is still present.

Wave count: Ending Diagonal
Current count: Wave 4 (Expect a flat of shorts as wave 2 was a Zig Zag)
Forecast count: Expect wave 4 to go into the zone of wave 2

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Happy Trading

NOTE: Entry, SL and TP are not shown as I am not offering a signal service.



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