UnknownUnicorn384398

USDOLLAR - Long - Wave count revision.

Long
FX:USDOLLAR   Dow Jones FXCM Dollar Index
After what looked to be a completed 5 wave down on my previous analysis I counted wave c as wave 1 - Rookie mistake.

It looks like overthrow of an extended wave 5 of an ending diagonal Wave C of a zig zag either complete or almost complete, looking for a sharp move up to around the start of wave C initially to confirm this.

On the AUDUSD pair you can see the Wave 5 extension of Wave C hit resistance.

On the USDCHF you can see a 1-2 almost complete.

On the EURUSD it's hit resistance with a dark cloud cover with a confirming candle on the daily chart from the reflex rally after the initial thrust from the triangle last year.

Let's see what happens.
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