dxy created a Harmonic M on the weekly timeframe .. at the low when the year started the target was supposed to be94.7 but along the way the DXY also created a Harmonic W on the 3 day time frame..
with the usd in between an inflection point of hitting the weekly harmonic M (buy) supply zone and reaching the 2nd target for the 3 day W sell off.... inflation news came in and made a decision. i believe the dollar will finally reach it's targets of 94.7 this time
Сделка активна:
what the 1 week M buy looks like
what the 3 day W sell off looked like & the ORANGE thin lines are a possible set up for a large inverse h&s
what the 3 day W sell off looked like & the ORANGE thin lines are a possible set up for a large inverse h&s