The Wave 5 0f A is over.The market has started the ABC correction
This is my short term view of the path DXY will make as it forms the ABC Wave 4 correction.At the completion of Wave 4 will see a move down to Wave 5.
This is my view on the future movement of the UKOIL.
I think we just seen the end of a 5 Wave down of Wave A,Wave B will follow and at the completion of Wave B will have a final dip of Wave C which will be a 5 Wave move.
This is my forecast for DXY.The market is in Wave 3 of A and Waiting for pullback to wave 4 for a ride down to complete Wave A.Then will have a bigger correction to form Wave B followed by the final Wave C. NOTE:This are my ideas and not trading advice.
Completion of Wave 1 or Wave A,will see a pullback to Wave 2 or Wave B then a continuation of Wave 3 or Wave C.