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U.S. Dollar Index
Long
Updated

DXY - ABC correction mode?

374
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: snapshot
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Entire cycle view: snapshot
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lets see if it will bounce from 93,07: snapshot
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snapshot
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snapshot 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:

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

snapshot
this one instead is the more realistic one probably.
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So the first scenario looks the more realistic at the moment: snapshot
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snapshot
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updates: snapshot
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the A leg could be completed, now might see a retrace down
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snapshot
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updates: the second ABC is completed or not? snapshot 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: snapshot
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Economic CyclesFibonacciTrend Analysis

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Economic CyclesFibonacciTrend Analysis
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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.