Get started
Lionheart-EWA

USD Index - Bearish View - Wave C coming - Upcoming Divergence

Short
Dow Jones FXCM Dollar Index (FX:USDOLLAR)  
Lionheart-EWA  
FX:USDOLLAR   Dow Jones FXCM Dollar Index
4
0
After the 3rd Impulsive Bearish Wave has completed, the full Correction for the 4th Wave was not confirmed, meaning that Wave B has unfolded in a complex manner. According to the Bearish Divergence that popped in, Wave C should start unfolding until the 161.8% Fibonacci Extension, thus completing Wave 4.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.