Here is the count shown on the monthly chart showing the trade setup and triangle forming. once complete we shouls see a complete collapse down to to a minimum first target of 55-56.
Monday, June 30, 2014
Is the US dollar set to slide to 75 possibly and lower?
I think this is very possible as I believe the C wave of wave D in an ABCDE triangle is playing out.... below is the weekly chart showing the current A B and a possible start of the C wave lower. and if its correct we should be seeing a decline in the dollar to around the 75 level and possibly lower towards 68.
Here is also the monthly chart of the US dollar and you can see a perfect triangle forming! As you know I am bullish commodities and this is part of the reason.....!!!!
Here is the count shown on the monthly chart showing the trade setup and triangle forming. once complete we shouls see a complete collapse down to to a minimum first target of 55-56.
Here is the count shown on the monthly chart showing the trade setup and triangle forming. once complete we shouls see a complete collapse down to to a minimum first target of 55-56.
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