US Dollar - top of channel @ 110
The USD has been in a long term channel dating back to 1985 , with 3 Primary waves completed A - C.
The current primary wave started in 2008 , think GFC. Since then there seems to be 4 minor waves completed in early 2018 , within the progressing D wave.
The 5th minor wave has seen price consolidate over the last year between the 200MAV and the monthly Pivot Point.
Volatility is approaching the lows of 1996,2007 , 2014 . This volatility may proceed a little lower , but not for much longer ( months) .
A reasonable projection for the 5th wave completion is in region of .782 fib retracement of Primary wave C and top of channel .
I am bullish on this currency and will continue to be until 110.....
The current primary wave started in 2008 , think GFC. Since then there seems to be 4 minor waves completed in early 2018 , within the progressing D wave.
The 5th minor wave has seen price consolidate over the last year between the 200MAV and the monthly Pivot Point.
Volatility is approaching the lows of 1996,2007 , 2014 . This volatility may proceed a little lower , but not for much longer ( months) .
A reasonable projection for the 5th wave completion is in region of .782 fib retracement of Primary wave C and top of channel .
I am bullish on this currency and will continue to be until 110.....
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.