U.S. Dollar Index

Long

DXY - ABC correction mode?

Updated

Is the DXY correcting with an ABC after an expandig triangle "ending diag"? Might it heading around to 95?

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closest view:

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Entire cycle view:

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lets see if it will bounce from 93,07:

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looks like the ending diag ABCDE is completed, are we ready to go up?

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So we have 2 (or more) possibile scenarios for the start of the C leg up:

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this is the most optimistic in wich we are heading straight up.

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this one instead is the more realistic one probably.

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So the first scenario looks the more realistic at the moment:

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updates:

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the A leg could be completed, now might see a retrace down

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updates: the second ABC is completed or not?

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these are three hypothesis in case the secondaru B is not yet completed (we will see more up before a retrace?)

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outlook updates:

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