Dollar Index: Intermediate Double Zigzag Likely to Complete Bearish Trend
DXY seems to be forming a triple zigzag pattern consisting of primary sub-waves Ⓦ-Ⓧ-Ⓨ-Ⓧ-Ⓩ. The sub-waves Ⓦ-Ⓧ-Ⓨ-Ⓧ look finished. The actionary wave Ⓨ is a double zigzag, the second intervening wave Ⓧ is a standard zigzag. In the near future, the price depreciation in the primary wave Ⓩ is expected to continue. Judging by the […] The post Dollar Index: Intermediate Double Zigzag Likely to Complete Bearish Trend appeared first on Action Forex.
DXY seems to be forming a triple zigzag pattern consisting of primary sub-waves Ⓦ-Ⓧ-Ⓨ-Ⓧ-Ⓩ. The sub-waves Ⓦ-Ⓧ-Ⓨ-Ⓧ look finished. The actionary wave Ⓨ is a double zigzag, the second intervening wave Ⓧ is a standard zigzag. In the near future, the price depreciation in the primary wave Ⓩ is expected to continue. Judging by the […]
The post Dollar Index: Intermediate Double Zigzag Likely to Complete Bearish Trend appeared first on Action Forex.
