DXY T0 100- Report Of The Dollar's demise are much exaggerated

I use the action reaction method of TA devised by Dr Alan Andrews cf The Andrews Pitchfork

I prefer to chart higher timeframes

I use my charts to formulate my worldview, not vice versa

The world is bearish on the dollar right now due to 'inflation' and 'money printing'.

The dollar chart is bullish

Method:

Two Andrews pitchforks off four consective pivots

These show a clear reversal

Price action is consolidation at the junction of these perpendicular pitchforks

I have applied a fibonacci retracement

All roads lead to DXY 100

A fast move, which i expect, to this level: will have huge implications

GRI 2022

NOT TRADING ADVICE

Below i will deconstruct the chart

Kommentar:

Kommentar:

Kommentar: