Kumowizard
Short

Momentum loss at key supp/res

TVC:DXY   US-Dollar Währungsindex
130 2 14
Just like WTI, the USD Index also loses momentum at Kijun Sen. Reaction is probably close to its end.

- Heikin-Ashi candle body shrinks, price is below Kijun. haDelta+ and haOscillator are bout to cross down.
- EWO             is still bearish , while Ichimoku setup also has some bearish bias ahead.

For me it is a sell here again, with 101,50 initial stop.

If it really turns down, then comes the 1 million USD question: what will happen at 98,80???
Triangle?
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@cmc, again, a projective "analysis", which has no relevance. You can not trade expectations, hopes, arrows. You can only trade present price action. Your chart is biased to the upside, which however none of us can tell now if happens or not! No one can be sure of anything like this, nor of a breakdown of 98,80 bullish trendline.

Anyway, I never make projections, I only and always trade present probabilities and signals. This way I will not be biased at all.
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