If the wave (4) down plays out like a double correction, it looks like we are ready now for another leg down. Wave (X) might be finished which means we can go down now as wave (Y).
The primary scenario is playing out and we reached the wave ((b)) area. There are several indications that a downward reversal is near.
The primary scenario is playing out and we reached the wave X area. There are several indications that a downward reversal is near.
The primary scenario (in green) is playing out and it looks like we soon might finish wave (X). The secondary scenario (in red) assumes more upside as a corrective wave B. That would mean we get an ABC flat correction instead of a WXY.
If the wave (4) down plays out like a double correction, it looks like we are ready now for another leg down. Wave (X) might be finished which means we can go down now as wave (Y).
The primary scenario is playing out and we reached the wave ((b)) area. There are several indications that a downward reversal is near.
The primary scenario is playing out and we reached the wave X area. There are several indications that a downward reversal is near.
The primary scenario (in green) is playing out and it looks like we soon might finish wave (X). The secondary scenario (in red) assumes more upside as a corrective wave B. That would mean we get an ABC flat correction instead of a WXY.
Price action analysis for DXY. Important key levels. Potential scenarios. ❤️Please, support this video with like and comment!❤️
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The (first part of the) correction in the NASDAQ might be finished. We expect more upside but we have to be careful. The rally to the upside can fail and result in another corrective leg down.
Wave A down looks mature and we might see some upside now as wave B. The surprise would be that we had a very shallow wave X and that we see further downside.
The primary scenario (in green) assumes more upside in a corrective pattern to finish wave (X). The secondary scenario (in red) assumes that wave (X) is in that we further go down in an ABC pattern to finish wave (Y).
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The (first part of the) correction in the NASDAQ might be finished. We expect more upside but we have to be careful. The rally to the upside can fail and result in another corrective leg down.
Wave A down looks mature and we might see some upside now as wave B. The surprise would be that we had a very shallow wave X and that we see further downside.