DXY (Dollar Index) – Hibernation Over – Ending Diagonal
DXY has been rising a lot recently, as per the previously posted “USD a.k.a. Dollar Hulk – Green Bull Rodeo” article.
It could be getting the hammer soon, as multiple signs are pointing towards a Bearish possible outcome:
- Expanding Ending Diagonal within Minute V (green)
- Contracting Ending Diagonal within Minuette (v) (black)
- Bearish Divergence (double confirmation)
- Fibonacci Extensions alignment
DXY – 2H Chart
