DXY Bullish Deep Crab within Bullish Deep Crab
Hi All,
That is not investment advice
As you can see linked to related ideas my previous chart on march and may , I was expecting 4. wave correction that was regular flat and break to bottom of A wave.
That was my main idea for a long time because my main focus was red bordered crab pattern linked to related ideas.
That was the type 1 reaction to TP1 (0.382) ---> that has been done
and
Type 2 reversal ------> terminal bar ------> that has been done
then
TP2 (83x) --------> Actually I dont know that will be or not?
Then 5. wave of big picture's elliot wave count
So
That was the first possibility.
But I am considering there is the strong second possibility of big picture on the desk.
That is given below in the sub schema
Therefore from now on I am strongly consedirng to change my mind about 4. wave of big count able to extended 83x area
4. wave is able to be contracting flat (A-B-C)
That is the second possibility
As you can see in the sub schema dxy has deep crab within the deep crab
Priceaction is in the potential reversal zone that is commented on chart.
if this does indeed occur usd will be strong on the world in 2021
Conclusion;
priceaction is in critical zone and we have two possibility.
Trade with care
Harmonic Trader.
Grand Schema
Sub Schema
That is not investment advice
As you can see linked to related ideas my previous chart on march and may , I was expecting 4. wave correction that was regular flat and break to bottom of A wave.
That was my main idea for a long time because my main focus was red bordered crab pattern linked to related ideas.
That was the type 1 reaction to TP1 (0.382) ---> that has been done
and
Type 2 reversal ------> terminal bar ------> that has been done
then
TP2 (83x) --------> Actually I dont know that will be or not?
Then 5. wave of big picture's elliot wave count
So
That was the first possibility.
But I am considering there is the strong second possibility of big picture on the desk.
That is given below in the sub schema
Therefore from now on I am strongly consedirng to change my mind about 4. wave of big count able to extended 83x area
4. wave is able to be contracting flat (A-B-C)
That is the second possibility
As you can see in the sub schema dxy has deep crab within the deep crab
Priceaction is in the potential reversal zone that is commented on chart.
if this does indeed occur usd will be strong on the world in 2021
Conclusion;
priceaction is in critical zone and we have two possibility.
Trade with care
Harmonic Trader.
Grand Schema
Sub Schema
