TheSecretsOfTrading

DXY - a thing or two about fractals

TVC:DXY   Indeks Dollar A.S.
This DXY fractal has been working greatly - I found it on the 5m chart and applied it on 4h - and it followed it for a long time. Now the thing you need to know about fractals - is that long candles like the one circled are vulnerable areas where the price tends to detach - we arrived there as you may see - and the price started retracing - It is likely that we will detach from it now and Stocks will start going down - but if not - Expect this fractal to workout and see DXY around 92 in the near future.

Good luck!

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