DXY – Bullish Break-Out – Last Push
DXY view and details were provided during the “Dollar Index (DXY) – Completing the Correction like a Champ” video.
Corrective Structure became Complex, a Double Flat on the DXY chart, a WXY Pattern which is presenting a Bullish Break-out of the upper Descending Channel, thus unfolding the final Bullish Swing required for Minute IV (red) to complete.
After this Bullish Swing, I will be looking for further down-side for the DXY, a Bearish Swing which would cause significant reactions.
DXY Chart:
Intraday Views & Trades:
XAU/USD – Bearish
XAG/USD – Bearish
EUR/USD – Bearish
GBP/USD – Bearish
USD/JPY – Bullish
USD/CHF – Bullish