DXY – Market Crash Road Map – Full Elliott Wave Cycle
Dollar-Index-DXY finalized in Jan 2017 an entire Primary ABC (blue) Structure, thus completing Cycle Wave A (black).
Lionheart EWA has detected a High Probability Pattern which has good chances of materializing into a Market Crash. It’s not going to happen tomorrow or very soon, however the Pattern is real and we are keeping our “hawk eyes” open.
Cycle Wave B (black) has been unfolding since then with an aggressive Down-Trend which, in Elliott Wave labeling, can only be treated as an Impulse.
Because of the fact that the recent Down-Trend unfolded in fast and deep manner, the Impulse could be labeled as a 3rd Minor (red) Wave within the larger degree Intermediate (C) (turquoise).
Therefore, we are suspecting Dollar-Index-DXY to start a Complex Corrective Structure on the Up-Side which would get its head above water around the 96-97 Levels.
Lionheart EWA has detected a High Probability Pattern which has good chances of materializing into a Market Crash. It’s not going to happen tomorrow or very soon, however the Pattern is real and we are keeping our “hawk eyes” open.
Cycle Wave B (black) has been unfolding since then with an aggressive Down-Trend which, in Elliott Wave labeling, can only be treated as an Impulse.
Because of the fact that the recent Down-Trend unfolded in fast and deep manner, the Impulse could be labeled as a 3rd Minor (red) Wave within the larger degree Intermediate (C) (turquoise).
Therefore, we are suspecting Dollar-Index-DXY to start a Complex Corrective Structure on the Up-Side which would get its head above water around the 96-97 Levels.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.