We use Elliott Wave Theory to forecast future prices. as simple as the rules. i.e., if wave 4 exceeds wave 1, the counting is wrong, etc., it shall be recounted and changed. The main point is to get the forecast and project the main direction in which we may find opportunities for entries. It is impossible to predict perfect patterns or price points.
It does look like the end of Wave 3. If it does, we'll be seeing correction for quite some time. as DXY is looking to make wave B as well. Nothing certain.
According to the wave perspective, I assume the dollar is making a correction. In my opinion, there are two possible correction patterns at the moment: flat or zigzag to complete wave B before continuing to make wave C.
