😱 COLLAPSE OF THE DOLLAR 2022 - 2045 - END OF EMPIRE

4 thg 9, 2022

Hello ladies and gentlemen! I bring to your attention my very global view of the US dollar solely from the point of view of technical analysis, namely the Elliot wave theory.

The graph shows the projection of the missing waves in the impulse of the supercycle - I-II-III-IV-V, the impulse is fully completed and ended back in 1985.

In my opinion, from the point of view of technical analysis and the Elliot wave theory itself, a zigzag has been forming globally on the US dollar index in the corrective phase since 1985, with a triangle in wave-(b). The ultimate goal of this zigzag is a collapse of the dollar index by minus -80% from ATH.

Ultimately, the Fed will lose in the fight against inflation, after the triangle is fully formed, a descending impulse five will begin in wave-(c) of the zigzag, I believe around 2030 plus or minus the triangle will be broken down, this will be a distress signal and confirmation I'm right, from now on, save your savings, because after the dollar index finds a bottom in the region of 20-30 points, for 100 dollars you can only buy a roll of toilet paper. BRENT oil will be $300-400 per barrel, and gold $5,000-6,000 a troy ounce, and that's even better. Naturally, after this collapse, the dollar will lose its status as the world's main reserve currency, the economy will stagnate amid hyperinflation, it will be many times worse than the Great Depression, and the markets will remember this apocalypse for a long time.

After the collapse of the US dollar, a new world order will be established, there will be a new leader and a new major world reserve currency. I believe this will end the approximately 250 year dollar cycle and the US Dollar Index will never again update its ATH.

❌ This trade idea should be reconsidered if DXY exceeds the 121 level, which is unlikely in my opinion. In this case, it will definitely not be a triangle.

This is my purely personal author's opinion, whether you share it with me or not is your own business, always think with your own head - I wish you good luck!

10 thg 1

Ghi chú

Hello everyone!

In September 2022, the extremum of 114.778 on the DXY chart, according to my long-term trading idea, marked the completion of wave-c of the potential triangle abcde of (b) zig-zag (a)(b)(c) supercycle that I was considering.

After 16 months, the global wave layout remains unchanged, and moreover, there are already two points for building a full-fledged trend ac of my potential triangle. Even 16 months ago, I had only indirect signs of the formation of a triangle without key reference points.

At the moment, the d-wave of the triangle is being formed, which will end around 2027. This statement is true at least until the trend line is broken, which is already unlikely. If this does happen, then it is necessary to review the entire trend structure in more detail once again, at least from the extreme of September 2022 at the level of 114.778.

⚠️ Expect a short-term forecast for 2024 for DXY as part of my global trading idea very soon on Tradingview and on my YouTube channel.

Goodbye!

11 thg 1

Ghi chú

Hello everyone!

In the short term, I expect the US dollar index to decline in a zigzag wave for the better half of 2024 and reach its minimum at 93 points by October. If this scenario is confirmed, then wave-X should start in October 2024, which will complicate the wave-d of the triangle probably to a double zigzag. The technical picture does not double-digitally hint that the Fed is likely to return to the cycle of tightening monetary policy in the fourth quarter of 2024 after attempting two or three cuts from March to July. The interest rate will break through the 2023 ceiling of 5.5% and this fundamental factor will bring down all risky assets, including the cryptocurrency market. Therefore, we are closely monitoring the US dollar index in 2024.

Goodbye!

27 thg 10

Giao dịch đang hoạt động

📣 Hello everyone!

The January forecast briefly sounded like this: "In the short term, I expect the US dollar index to decline in a wave-From a zigzag for the greater half of 2024 and reach its minimum at 93 points by October"

The dollar index (DXY) for 10 months of this year formed a diamond with a breakdown to the bottom, now it is retesting. A diamond is a reversal pattern in most cases, but it can also act as a trend continuation pattern.

🎯 I lower the target to 90, I believe the dollar will fall at least until June 2025, while the bottom of the maximum will be formed until July 2026.

The technical picture on the DXY only confirms the fact that the liberalization of the DCP by the US Federal Reserve will not be long. Probably from the second half of the year, the Fed will be forced to return to the cycle of tightening monetary policy. The interest rate will break through the 2023 ceiling of 5.5% and soar to at least 8-10%

Goodbye!