Dislikedupdate to my earlier post regarding dxy This is a 1 hr chart and seemingly dxy has completed the minor wave 1 and is in a descend for the second wave. Most probably this would end in 38.2 retrace or even 50% but don't take my word for it as 2nd waves have been seen plenty of times to almost reach 1st wave... so please be careful when you sell majors. I would be selling small from 61.8% , then 50% then 38.2% (twice the lot size) and last 23.6 ( 3 times). Check the chart and leave your comments if possible. {image}Ignored
Do you see dxy going up to the extension level indicated on this wave, 91.85ish?