stanchiam

leading or ending diagonal?

Long
INDEX:DXY   US DOLLAR CURRENCY INDEX
1
imho, the internal is of 3 waves, as with the guideline, 3 waves mean it is an ending diagonal
and clear 5 internal waves is leading diagonal

so for now, i am taking a view this is an ED with bullish bias
only a break of 84.7 will confirm this view but a break above the wedge will be encouraging
will like to see a clear 5 mini wave to the upside to kick start and thereby confirming the bottom.

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