Investigating the dollar index in the 4H time frame using Elliot
In my opinion, the dollar index has completed a complete 5-wave in the daily time frame.
We are currently in the ABC correction.
Wave A is complete. Wave B ended with 3 moves.
Wave C consists of 5 waves. In my opinion, now wave 3 out of 5 is completed and we have to wait for the beginning of wave 4 out of 5.
Wave 4 consists of 3 big movements.
In my opinion, Wave 4 can behave as shown, and if there is a change in my opinion, I will definitely update this analysis.
<Be successful and profitable>
We are currently in the ABC correction.
Wave A is complete. Wave B ended with 3 moves.
Wave C consists of 5 waves. In my opinion, now wave 3 out of 5 is completed and we have to wait for the beginning of wave 4 out of 5.
Wave 4 consists of 3 big movements.
In my opinion, Wave 4 can behave as shown, and if there is a change in my opinion, I will definitely update this analysis.
<Be successful and profitable>