US DOLLAR Birds Eye View - Wave Revision

TVC:DXY   U.S. Dollar Currency Index
Just a revision to the first US Dollar Birds Eye View idea.

Blue Wave 2 completed as a sharp correction in 2018.

This is why corrective waves are so important because they give you the clues you need to make that kind of assumption.

AriasWave was created based on an obsession with corrective waves because they are of critical importance.

Green Wave 2 was an expanded correction which in my opinion not only shows USD strength but alternation at work.

Green Wave i showing some real strength and Wave ii retracement also not as deep showing strength in the trend.

The whole look of this trend since 2008 looks normal for the type of move this is because even though it will be a 5 Wave move it is still considered corrective according to the AriasWave pattern.

See my related ideas for current price action on a smaller time frame.

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Please Note: All ideas are best effort at the time of posting and are subject to change at anytime due to the fractal nature of patterns. I use AriasWave methodology which is NOT Elliott Wave. I will only change view when there is enough evidence.


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