DXY to Continue Correction

٨ فبراير ٢٠١٧DXY's recent low did not bounce from a major fibonacci level...rather just short of one. Based on two fibo-fans I'm looking at a further move down, first to 99.18 then to 97.80.

٨ فبراير ٢٠١٧

تعليق

٨ فبراير ٢٠١٧

تعليق

Thinking we may see an inverted cup and handle instead.

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تعليق

Lesson on this one...don't use fibo fans to forecast. Fibonacci will work across many end points. Use swing high to swing low, printed start and end points.