Technical Analysis:
All Elliot Waves are following Fibonacci rations perfectly!
Has been in downtrend for quote a while now, no signs of reversal yet.
Fundamental Analysis:
Even if Fed hiking rates, the USD is not garnering capital.
(perhaps the rate hikes were not only priced in but overpriced into market?)
Trump does not necessarily want a strong USD.
My big concern for this plan is my current wave 4 might end up being a bottom due to long corrective pattern.
Lets see what happens over the next few months.
All Elliot Waves are following Fibonacci rations perfectly!
Has been in downtrend for quote a while now, no signs of reversal yet.
Fundamental Analysis:
Even if Fed hiking rates, the USD is not garnering capital.
(perhaps the rate hikes were not only priced in but overpriced into market?)
Trump does not necessarily want a strong USD.
My big concern for this plan is my current wave 4 might end up being a bottom due to long corrective pattern.
Lets see what happens over the next few months.
the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag