DXY: Last Dip Before Lift-Off?

Wait 5 sec.

DXY: Last Dip Before Lift-Off?U.S. Dollar Currency IndexTVC:DXYshakatrade1_618Previous roadmap played out well — time to refresh the view. Global (1W) DXY remains in an uptrend. Since 2008 we’ve built a textbook five-wave impulse. Since 2022/2023 that impulse has been in correction — base read: a single zigzag (SimpleZ). Base case: correction completes → trend resumes with new highs ahead. Alternatives Flat: push toward 114–115, then a deep pullback. Double zigzag (W–X–Y): bounce first, then one more leg down. Local (12H) Finishing ABC where C likely prints an ending diagonal → expecting the down leg to terminate and a rising phase to begin (either corrective or impulsive). Price Action Imbalances below may still get tapped; we’re below a key level, but the core scenario is dollar strength ahead. What’s your take? Which path do you favor — Base (new highs), Flat (114–115 then pullback), or W–X–Y (one more leg lower)?