U.S. Dollar IndexShort
DXY drop
counted 5 waves on W TF. after wave 5, an ABC correction started.
wave B is going to touch 0.618 of wave A.
dragging a fib on wave A and another on the entire 1-2-3-4-5 impulse on W, give us some nice confluences:
- 0.382 of the W impulse & 1.236 of wave A
- 0.5 of the W impulse & 1.618 of wave A
- 0.618 of the W impulsive & 2 of wave A
these are possible correction targets
wave B is going to touch 0.618 of wave A.
dragging a fib on wave A and another on the entire 1-2-3-4-5 impulse on W, give us some nice confluences:
- 0.382 of the W impulse & 1.236 of wave A
- 0.5 of the W impulse & 1.618 of wave A
- 0.618 of the W impulsive & 2 of wave A
these are possible correction targets
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