Further Downside Before Deep Corrective Move to the Upside

For DXY I believe in the Grand Major Timeframe we are currently in a downtrend. We seem to be in a downwards diagonal whereby we have just completed Wave D and are currently in the midst of completing Wave E to the downside before any sort of movement to the upside. I believe this is where the USD will be crushed to the core and removed as the Global Reserve Currency marking the end of the American Era. This is ofcourse in the long term and would take more then a decade to play out. However its important to note that all USD pairings may see a significant movement in terms of a weaker USD

In the smaller timeframe we should be expecting a 3 waved movement. I will be expecting a variation of the ZigZag pattern for Wave E. Therefore I believe it should unfold in a 5-3-5 pattern. Currently we are in the Minor Wave 1 of Leg A of the ZigZag. I expect a little push to the downside followed by a deep retracement up for Wave 2 and followed by the bearish dive down for Wave 3 onwards. Good Luck