Just an idea what might happen with today's Trump inauguration speech. Maybe a dump before the speech to 1190 levels to create the last wave E and then up to break the wedge upwards to go to 1220-30 levels.
Sure will be volatile so ...
do your own homework and trade safe !
Descending broadening wedges are ...
Just an speculation based on technicals (chart and DXY movements), fundamentals (rate hikes, US data calendar) and some other catalysts (French elections, Trump, India, ...)
Don't copy anyone, do your own homework.
Trade Safe and make money both sides.