Outlook for DXY on 4h chart.
There have been no changes since the last update.
we are in wave Y of a Double Zigzag WXY pattern.
If the assumption of this scenario is correct, wave Y will be completed soon.
At the same time wave Y completes, Upper-degree wave ⅱ will complete.
next phase is upper-degree wave ⅲ.
it will resume its downtrend.
Last time my idea.
■Feb 12, 2024. 1D, short-term analysis.
■Jan 28, 2024. middle-term analysis.
There have been no changes since the last update.
we are in wave Y of a Double Zigzag WXY pattern.
If the assumption of this scenario is correct, wave Y will be completed soon.
At the same time wave Y completes, Upper-degree wave ⅱ will complete.
next phase is upper-degree wave ⅲ.
it will resume its downtrend.
Last time my idea.
■Feb 12, 2024. 1D, short-term analysis.
■Jan 28, 2024. middle-term analysis.
