Expecting another impulsive decline to follow if this is the end of a flat correction
maybe trade for the downside after sharp rally
Great Bullish potential on Weekly Chart, but the short term structure not very bullish, looks like an expanded flat could be underway
couldn't get any buy set up better that that
The weekly chart has a very bearish potential
Alternatively the bullish count could be (3) = 1 & (4) = 2
looks like a ending pattern with great downside potential
This pair may be traced out a 5-waves decline
Looks like wave C could be ended at the recent low
A potential top is underway
The decline from mid March top does not appear to be an impulse. The blue count might work.
looks like a nice breaking through of the bearish flag
ready for another impulsive decline ?
If price is unable to hold above 97.57 ( 25th July 2016 high), it would argue the DXY has already topped at 103.82 on early January this year.
maybe one more decline to complete wave (c) of 2 or B
The structure looks bearish as long long price is moving below recent high of 1.26151
maybe a leg down to break the wave 1 of (C) top 5832 first
looks like price may approach to a turning point very soon
an ending diagonal should offer us a great chance to trade for the upside
running flat a-b-c or more complex correction?