DXY(Dollar Index): This up wave will not last long.

4 Nov

For DXY , don't be trapped with this up wave, it should not last long. What is happening now is only manipulation based on what we see.

Fed will continue to cut rates if not this year, next year and they are printing money, ending the QT and also things are not okay. Based on that, on the fundamental part of things and We Trade Waves wave analysis concept. Any sell setup we get for DXY we will go for it BUT:

Always remember WTW 4 Golder Rules:
1) Do not jump in
2) Do not over risk/trade
3) Do not trade without Stop Loss
4) Never ever add to a losing position!

Trade with care
We Trade Waves
WTW Team

Disclosure: We are part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in our analysis.

6 Nov

Dagangan ditutup: sasaran tercapai

So exactly as expected, if we get another up wave to break the top. Also we will look for sell setups.