DXY Elliot 5 wave movement
Based on EW theory. Wave 1 and 2 is completed. I am expecting that wave 3 will be completed soon once it reached major resistance, in addition that wave 3 is longer than wave 1 according to EW rule. DXY should fall here to D1 support then bounce back to D1 resistance to complete the 5th wave.
Let me know if you have any questions. Trade safe. Thanks!
Let me know if you have any questions. Trade safe. Thanks!
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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.