US Dollar Index Elliott Wave analysis
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Om Namah Shivay
The US dollar index has been on correction from feb 2021 ( from 308 days).
The current structure is complete as it looks from the counting. There could be further sideways corrections or the downward continuation.
These needs to be validated again the invalidation points.
The future of the Dollar index looks running for upward for weeks or more as option 1.
This is just for educational purpose. No trading suggestions provided.
Om Namah Shivay
The US dollar index has been on correction from feb 2021 ( from 308 days).
The current structure is complete as it looks from the counting. There could be further sideways corrections or the downward continuation.
These needs to be validated again the invalidation points.
The future of the Dollar index looks running for upward for weeks or more as option 1.
This is just for educational purpose. No trading suggestions provided.
Om Namah Shivay
Note
Wave 2 is not supposed to be a Triangle. The big structure looks convincing. So the Triangle area needs more inspection.Note
With An ABC structure, there will be more room to go down.
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