DXY - HIGHER TIMEFRAME ANALYSIS
Here is the expected DXY path for the incoming weeks. We are working with a complex ABC pattern. We are currently in major wave B ( ZIGZAG Pattern ).
Zigzag pattern ( 5-3-5 ) is made up of 3 waves:
Wave A = 5 waves
Wave B = 3 waves
Wave C = 5 waves
Working with Wave C, we still have subwave 5 in order for major wave B to be completed. What we are looking for now is the completion of subwave 4 around 0.236 and 0.382 Fibonacci levels.
Watching the rejection of the 50 EMA to ride the final leg of wave C.
Will see price will react at the fib levels and update later.
Zigzag pattern ( 5-3-5 ) is made up of 3 waves:
Wave A = 5 waves
Wave B = 3 waves
Wave C = 5 waves
Working with Wave C, we still have subwave 5 in order for major wave B to be completed. What we are looking for now is the completion of subwave 4 around 0.236 and 0.382 Fibonacci levels.
Watching the rejection of the 50 EMA to ride the final leg of wave C.
Will see price will react at the fib levels and update later.
Nota
DXY Template Nota
DXY 1D 
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Publicações relacionadas
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.