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ElliottWavePro
26 Haz 2018 08:34

Dollar Index - third wave Alış

U.S. Dollar Currency IndexTVC

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It seems like we're going to have the third wave inside the fifth wave within the next few hours.
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donaldsaw
Your blue wave (i) subdivides into an ABC so I'd re-look at that count!
donaldsaw
ABC Zig Zag
ElliottWavePro
@donaldsaw, this wave is also an impulse, but with disproportion between the second and forth waves.
donaldsaw
If you count it properly, it clearly breaks down in a ZZ where A vs C of the ZZ = 0.618%

Also, the next B correction is a Flat where A vs C = 100%

ElliottWavePro
@donaldsaw, I count this part as an impulse. To be honest, it's quite ugly impulse)))

donaldsaw
@IgnatBorisenko, If you look at the prescribed rules, ratios and guidelines of EW, this count doesn't make any sense.
ElliottWavePro
@donaldsaw, you know I have more than 15 years of experience in EW, so I know rules and guidelines. Sometimes, we have to deal with this kind of ugly structures. Also, there's no any limitation about the difference between the second and fourth waves by time in the EWP.
donaldsaw
@IgnatBorisenko, No worries mate. Just thought I'd share my thoughts and count. Good luck
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