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Ashkian
Aug 26, 2017 4:13 PM

DXY MN Short

US DOLLAR CURRENCY INDEXINDEX

Description

NEoWave analysis on DXY by Enayat Ashkian
The Details of the analysis is shown on the chart and described that Bullish Corrective Elongated Flat Pattern may be completed.

(A)-(B)-(C) Wave that is marked by yellow labels:
Wave (B) / Wave (A) : About 90%
Wave (C) / Wave (B) : About 184%
Pattern : Elongated Flat
Pattern Type : Correction
Status : May be over

Please discuss about this analysis, it's progress labels, targets, T/P, S/L and future patterns, moves and ... using your described charts by comment on this page.
Regards,
Enayat Ashkian
contact link: telegram.me/Ashkian
Comments
PaliwalPradeepSiangh
entire analysis is wrong as the main motive of the NEO WAVE IS not fulfilled ..the correction can not take less time than impulsive wave in a pure impulsive wave and the end of the pattern always confirm by post market action ..here there was a expending terminal triangle present where B wave written ..See after the completion which was after the second wave and was terminated by a one degree e wave of the neutral triangle ...exectly after the e wave end of the neutral trianlge the post market action confirmed it with a huge rally ..Neo wave waves starting and ending with no pattern left to complete ...
Ashkian
@PaliwalPradeepSiangh, Thanks for the comment, I suggest to use a chart (with pattern(s) and progressive labels related to your comment). It can published on this page as a comment to get this comment clearer.
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