The DXY seems to be forming an ending Diagonal on the daily time frame. Currently, there's an ABC pattern in formation which may result in an E wave as it appears to be the D wave of the diagonal.
For this idea, I'll be taking XXXUSD longs for the short term.
And on completion of the ABC pattern, possible XXXUSD shorts.
For this idea, I'll be taking XXXUSD longs for the short term.
And on completion of the ABC pattern, possible XXXUSD shorts.