DXY - Decades of a weakening US dollar.

●● Preferred count
● U.S. Dollar Currency Index (DXY): 🕐1M


Globally, the dollar follows a positive trend in a submillennium wave.

It is expected that the subwave (b) of ((IV)) will take the form of a side correction in the form of a triangle, followed by an exit from the model down. The completion of the locally negative phase within the Grand Supercycle ((IV)) wave will most likely fall on the price area of the previous fourth wave, the beginning of which is the peak (III), level 63.5.

The counting was based on the developments © pr0 (RSWA), published in the material “The Hypothesis of the Fractal Lag of Sociometers”.

_______________________________________
● U.S. Dollar Currency Index (DXY): 🕐1W


Triangle Ⓑ of d , I want to note, I have been predicting since May 2020. Strengthening within the subwave (C) is ending, a decline is expected within the zigzag (D).

_______________________________________
● U.S. Dollar Currency Index (DXY): 🕐1D


Wave (C) of Ⓑ is forbidden to go beyond the top (A), level "invalid.". In the event of a breakdown of this level, the wave count will require revision.

_______________________________________
● U.S. Dollar Currency Index (DXY): 🕐4h


Within an eight-hour timeframe, I consider two options for interpreting wave (C): a double zigzag W-X-Y and a rare triple zigzag, the second of which is marked on the slide below ↷


Both options allow local continuation of growth within the ending diagonal ⓒ of Y / ⓒ of Z.
_______________________________________
●● Alternative count
● U.S. Dollar Currency Index (DXY): 🕐1W


The alternative remains the probability of exiting the triangle upwards, in case c of (x) goes into complication up to a double zigzag Ⓦ-Ⓧ-Ⓨ.

_______________________________________
Disclaimer:

— The owner of the TradeWaves-EWA © community is not responsible and has no direct or indirect obligations to the User/Customer in connection with any possible losses or financial damages related to any content of this community.