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Dollar Index – Fifth wave turns out to be longer – February 12th, 2021

The last upward price movement appears to be a three-wave structure, probably a double zigzag, which supposed to be wave ((ii)) of 5. If correct, we’re likely at the early stages of wave ((iii)). As shows on the 4H chart, bears should finish wave (i) shortly and then there’ll be a moment for the second wave of wave ((iii)) to begin.

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