Currently could be in its 5th wave after completing a ABC 4th wave.
White: Preferred route before the next move up
Green: Second scenario which would suggest the 4th wave is greater in length.
Price crossed a 4HR trend line which retested but failed to hold support.
This price broke the low of the B wave which indicates bearish movement on a 4Hr
DXY looking bullish also on a daily chart.
White: Preferred route before the next move up
Green: Second scenario which would suggest the 4th wave is greater in length.
Price crossed a 4HR trend line which retested but failed to hold support.
This price broke the low of the B wave which indicates bearish movement on a 4Hr
DXY looking bullish also on a daily chart.
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.