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US30USD - Elliott Wave Outlook
Bearish Swings - Patterns:
Flat Formation in Super-Cycle Wave (IV) (green)
Primary A (red) - Simple ABC Swing
Primary B (red) - Running Flat
Primary C (red) - Bearish Extension
Bullish Swings - Patterns:
Leading Diagonal in Primary 1 (pink)
ABC Swings in Intermediate degrees (1)(2)(3)(4)(5) (blue)
Next expected swing:
Bearish sequence in Primary (2) (pink)
Structure change:
Breach of the lower trend-line could lead towards Primary (2) (pink) already unfolding.