The price is in the last third wave of the ABC Zigzag correction
ABC zigzag correction is the latest wave of wxy correction expansion
The fourth wave will probably end with the wxy correction wave pattern on the 23800 demand range.
When the fourth correction is complete,
The fifth (impulsive) wave is waiting for the market
Note
Liquidity behavior is still valid in purchases above 23,800 to 24,000
But as the DXY chart shows, we expect another climb to complete this existing correction wave.
Trade active
Trade active
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.
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.