7pasos

The odds are in favour of more retracement

ICEUSA:DX1!   U.S. Dollar Index
253 5 3
Since the movement to the upside is most probable the first of a new sequence and most probable the first of a new impulsive movement, the odds are in favour of more retracement.
Then the most probable scenario in my elliott wave theory is that we are in the middle of an expanded flat
The actual up side impulse is the c)) (micro) of the b wave that will be most probable followed by a more longer down side impulse will act as wave c of the entire expanded flat
Good find. Based on a Gann square, It looks to me like it ought to start rolling over within just a bar or two. "When time meets price, things change..."
Reply
Not shure definitive ended the fall but as we have lower lows the outlook is considered successful
Reply
Bullseye!
Reply
Great chart! Thank you. Higher yield on $TNX will get FED to act.
Reply
7pasos PRO MalteDeepak
thanks
Reply
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out