i think the chart needs passing the time for more confirmation on monthly (we're on correction, that's why i said that)
agaaaaain usd rate is going down, after checking EUR/USD . USD/JPY . GBP/USD . USD/CHF . i think usd will going down,something will happen for usd to complete the charts. it's completely my personal idea, so it's market
it's exactly what could expected from 4th wave. it could be a triangle (it is i think)
i think previous analysis is more powerful, but this analysis is powerful enough, but you can feel the other one...
it may happen OR the next analysis warning, it's called ending diagonal, it cheats you, take care all
the chart is separated according to ABD corrections, the new ABC can be an impulse wave as (12345)
the 4th wave of the triangle. the price at least can come up, up to the channels head.
the chart was not clear on monthly, it's because of England politics i think. i needed more historical price !
the lines only shows the trend, do not trade on daily until the price over the end of 4th wave. it mostly like a ending diagonal, take care a lot on daily time frame.
also in weekly the triangle is finished i think
it's just a vision to see where we are. enjoy