DislikedI am looking for the dollar last bull run. The only doubt i have is if that bull run has already happened as we are at extremes already combined with a renewed velocity of increased debt and mandatory spending that becomes the catalyst for inflation.Ignored
now the most plausible case scenario for DXY (if to assume that a diamond idea makes sense) would be to target a lower levels to form the next leg within the developing formation... the ideal target would be at around 91.40-50 which is a "phantom level" before turning up once again to start building another waive up towards 101.80 which would also be the ideal "phantom"... only then we can be almost certain that a diamond scenario will eventually play out as expected...