Hello Traders
The chart attached shows that DXY is likely to push higher one last time to complete wave (v) of wave 5 before we can now start with the big sell off that can potentially run to the end of the year, something that is synonymous with Q4 .
Hint: Once price breaks above wave iii we can then look for divergence between the high at wave iii and wave v and compare that structure with what RSI is printing.
Let's see how this plays out
The chart attached shows that DXY is likely to push higher one last time to complete wave (v) of wave 5 before we can now start with the big sell off that can potentially run to the end of the year, something that is synonymous with Q4 .
Hint: Once price breaks above wave iii we can then look for divergence between the high at wave iii and wave v and compare that structure with what RSI is printing.
Let's see how this plays out
Nota
DXY has reached its blue box with divergence on the RSI ...bearishness might persist all through Q4
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.