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.