Inizia
Trading_Tony

Possible ABC FLAT - We could be set for a large wave 3 lower

Short
Indice Dollaro americano (TVC:DXY)  
Trading_Tony  
TVC:DXY   Indice Dollaro americano
Trend Analysis Wave Analysis Technical Indicators USDJPY EURUSD federalreserve USD DXY
10
4
trendanalysis waveanalysis indicator usdjpy eurusd federalreserve usd dxy
Playing around with some Elliott Waves theory.
We have seen a 5 wave structure from the major highs to form wave 1.
We could be set for a large wave 3 structure lower after an ABC flat corrective wave.

Large money printing from the FED could cause a decreased demand for USD.

If we are over the corona-virus scare there will also be a decreased demand for the 'safe haven' USD.

What is everyone's thoughts on this setup?
Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.