Possible wave 4 correction?
Hello traders,
Here is a possible wave count on the USD Index.
Of course, counting waves is a tricky businesses, however this is our take on the current wave cycle.
There is also the small possibility the DXY has completed wave 5, which we will also keep in mind and recalculate if wave 4 does not fit the rules.
The question is how high will wave 4 go.
Let see how this plays out over the coming weeks.
Any thoughts or comments please let us know.
Here is a possible wave count on the USD Index.
Of course, counting waves is a tricky businesses, however this is our take on the current wave cycle.
There is also the small possibility the DXY has completed wave 5, which we will also keep in mind and recalculate if wave 4 does not fit the rules.
The question is how high will wave 4 go.
Let see how this plays out over the coming weeks.
Any thoughts or comments please let us know.
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.