DXY is completing the Elliot 5 waves. as you can see it is already completed the waves 1,2,3 and most probably wave 4 and it is supposed to reach the wave 5 PRZ.
2 areas are defined which based on Elliot concept can be the targets for wave 5 although wave 5 movement strength need to be monitored since lack of upward movement would result in analysis fail.
Thank you for your comment and boost.
2 areas are defined which based on Elliot concept can be the targets for wave 5 although wave 5 movement strength need to be monitored since lack of upward movement would result in analysis fail.
Thank you for your comment and boost.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.