DXY – Hibernation Over – Ending Diagonal


DXY (Dollar Index) – Hibernation Over – Ending Diagonal

DXY has been rising a lot recently, as per the previously posted “USD a.k.a. Dollar Hulk – Green Bull Rodeo” article.

It could be getting the hammer soon, as multiple signs are pointing towards a Bearish possible outcome:

  • Expanding Ending Diagonal within Minute V (green)
  • Contracting Ending Diagonal within Minuette (v) (black)
  • Bearish Divergence (double confirmation)
  • Fibonacci Extensions alignment

DXY – 2H Chart

Many pips ahead!