Hello
What I want to discuss might be a little confusing for some you or unrealistic for other ones but I myself believe in it. I do not talk about Fundamental or any logics stand behind this chart but it's just an analysis in the aspect of EW.
Dollar started its rally from 2008 and what has made is definitely a motive wave that can be wave 1 or in bigger scale wave A. If we consider it as wave 1/A which has taken 5300 days to finish so we can expect a reasonable correction for its wave 2/B even it becomes a Zigzag. It means that I expect more complex pattern for wave 2/B.
Next point is the structure of wave 1/A which makes me anxious because if it was wave A what would happen after its wave C. To be simpler, if it is wave A, so we are in a bearish ABC for DXY and after this correction completes it must continue its bearish trend to ZERO that is impossible. Some say that it happens when Dollar is replaced with something else but I am not sure about it. The Second scenario is that it is wave 1 bullish and after this correction (in where we are now) the biggest rally starts for Dollar.
It may take a few years to be disclosed.
Thanks
Thanks
What I want to discuss might be a little confusing for some you or unrealistic for other ones but I myself believe in it. I do not talk about Fundamental or any logics stand behind this chart but it's just an analysis in the aspect of EW.
Dollar started its rally from 2008 and what has made is definitely a motive wave that can be wave 1 or in bigger scale wave A. If we consider it as wave 1/A which has taken 5300 days to finish so we can expect a reasonable correction for its wave 2/B even it becomes a Zigzag. It means that I expect more complex pattern for wave 2/B.
Next point is the structure of wave 1/A which makes me anxious because if it was wave A what would happen after its wave C. To be simpler, if it is wave A, so we are in a bearish ABC for DXY and after this correction completes it must continue its bearish trend to ZERO that is impossible. Some say that it happens when Dollar is replaced with something else but I am not sure about it. The Second scenario is that it is wave 1 bullish and after this correction (in where we are now) the biggest rally starts for Dollar.
It may take a few years to be disclosed.
Thanks
Thanks
交易進行
When I published it, no one got it a serious idea but today I am sure it's ganna be considerable for all of us. Yesterday I heard a news about JP Morgan bank and I am sure it is the start of story.
I was and am sure that Dollar will crash and maybe it has already started. I wont keep bills in my pocket anymore, I do not know about you.
In my strategy, wave b is compete and just counting to drop.
交易結束：目標達成
How many of you trust this chart. I have told you many times and I want to say it again,
leave the news and politics and focus on the chart. because
technical makes the chart, not triggering fake news.
註釋
Next week we will see more drops.註釋
How many of you did believe in this powerful drop?
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