It seems like wave (2) might have finished in the form of a double zigzag. At the same time, until the market breaks 91.93, we can’t rule out a further advance. More on intraday updates: https://www.elliottwaveforex.com/category/dxy/
It seems like wave (2) is taking the form of a double zigzag correction. If correct, the market is going to continue unfolding wave Y in the coming days. In this case, the price should break the high of wave W before a third-wave decline begins.
It seems like wave (2) might have been in place, so we could be at the beginning of wave (3). If correct, the market should break the low of wave (1) in the days to come. At the same time, we can’t rule out that wave (2) might be a little bit longer, possible as a flat pattern. We will continue considering this option in intraday updates as an alternate scenario.
It seems like wave (2) might have been in place, so we could be at the beginning of wave (3). If correct, the market should break the low of wave (1) in the weeks to come. At the same time, we can’t rule out that wave (2) might be a little bit longer, possible as a flat pattern. We will continue considering this option in intraday updates as an alternate scenario.
It seems like wave 2 is taking the form of a double zigzag. As shown of the two-hour chart below, wave (b) of ((y)) is over, so the market is unfolding wave (c). At the smaller degree, there’s an ongoing bullish impulse for wave (c) of ((y)). In this case, we’re likely going to have the rest of wave iv of (c) before another bullish impulse begins.
It seems like wave 2 is taking the form of a double zigzag. As shown of the two-hour chart below, wave (b) of ((y)) is over, so the market is unfolding wave (c). At the smaller degree, there’s an ongoing bullish impulse for wave (c) of ((y)). In this case, we’re likely going to have the rest of wave iii of (c) before a local bearish correction begins.
It seems like wave 2 is taking the form of a double zigzag. As shown of the two-hour chart below, wave (b) of ((y)) is over, so the market is unfolding wave (c). At the smaller degree, there’s an ongoing bullish impulse for wave (c) of ((y)). In this case, we’re likely going to have the rest of wave v of (c) before a bearish correction begins.
It seems like wave 2 is taking the form of a double zigzag. As shown of the two-hour chart below, wave (b) of ((y)) is over, so the market is unfolding wave (c). At the smaller degree, there’s an ongoing bullish impulse for wave (c) of ((y)). In this case, we’re likely going to have the rest of a fourth-wave correction before wave v of (c) begins.
It seems like wave 2 is taking the form of a double zigzag. As shown of the two-hour chart below, wave (b) of ((y)) is over, so the market is going to continue unfolding wave (c). In this case, we’ll likely seen the price a little bit higher next week. At the same time, the opportunity to have bullish wave (c) of ((y)) remains on the table.
It seems like wave 2 is taking the form of a double zigzag. As shown of the two-hour chart below, wave (a) of ((y)) is over, so the market is going to continue unfolding wave (b). In this case, we’ll likely seen the price a little bit lower next week. At the same time, the opportunity to have bullish wave (c) of ((y)) remains on the table.
