The US Dollar has been tracing a contracting diagonal since the 2022 top.
Each leg has shrunk - wave (1) bigger than (3), wave (3) bigger than the projected (5). Textbook contraction.
We're now finishing wave (4) into the 0.382–0.5 retracement and the upper diagonal trendline. Wave (5) is the final leg down, targeting the lower trendline around 12,400.
Diagonals are terminal patterns. Once wave (5) completes, the reversal is sharp - the move most won't be positioned for.
Dollar weakness into year-end, then the snapback.
Goodluck and as always, trade safe!
Each leg has shrunk - wave (1) bigger than (3), wave (3) bigger than the projected (5). Textbook contraction.
We're now finishing wave (4) into the 0.382–0.5 retracement and the upper diagonal trendline. Wave (5) is the final leg down, targeting the lower trendline around 12,400.
Diagonals are terminal patterns. Once wave (5) completes, the reversal is sharp - the move most won't be positioned for.
Dollar weakness into year-end, then the snapback.
Goodluck and as always, trade safe!
노트
The breakdown 👇USDOLLAR has been carving a diagonal since 2022.
We're in the final wave (4) → wave (5) is the last leg down.
Contracting into year-end, then the reversal.
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면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
Want more breakdowns like this? Links below:
📊 Free analysis (Telegram):
t.me/Wicktator
t.me/Crypto_Wick
⭐ VIP - Forex, Gold, Bitcoin:
t.me/WicktatorVIP_bot
📊 Free analysis (Telegram):
t.me/Wicktator
t.me/Crypto_Wick
⭐ VIP - Forex, Gold, Bitcoin:
t.me/WicktatorVIP_bot
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.