#DXY Elliott Wave Analysis
The Triangle is complete. The path to $100 is officially open.
#DXY 🇺🇸
The Triangle is complete. The path to $100 is officially open.
The expanding triangle in Wave (4) has done its job perfectly. Price compressed between the A-B-C-D-E boundaries for days, building energy like a coiled spring. Now that spring has released.
Wave (5) is live and pointing straight up to the 100.000 psychological level. The invalidation sits clearly at 98.751. As long as we hold above that red line, this bullish structure remains intact.
What does this mean for your trading? Simple math again:
📉 Pairs ending in USD (EURUSD, GBPUSD, AUDUSD) will face serious pressure.
📈 Pairs starting with USD (USDCAD, USDCHF, USDJPY) will continue their upward march.
Don't fight this move. Align with it.
Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Elliott Wave analysis involves subjective interpretation. Always do your own research and manage your risk accordingly.
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