WeTradeWAVES

DXY is still in a bigger correction

TVC:DXY   מדד מטבע דולר אמריקאי
We are expecting DXY to spend more time in this sideways move, next week further down is possible for short term but make sure you take profit once it breaks the low one more time its still in a corrective wave so up move will follow as soon as down is over taking profit will be wise.

Now, after experimenting all the technical analysis techniques over the past 8+ years, i.e. Dow theory, Elliott wave theory, Advanced patterns, Harmonic patterns , Support & Resistance , Chart patterns and Indicators.These methods might be working for so many people but we came to the conclusion that only "Wave Analysis" is powerful enough to make us consistent profitable forex traders.

If you're a trader who wants to use TradingView to learn more about "Forex Trading & Wave Analysis", make sure to follow us, like and comment.

What we are sharing here is only our point of view on what could be the next move in the "Forex market" based on Wave Analysis and not signals...

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