DXY (Dollar Index) | The best scenario for the fall
Hello traders, DXY in 1-hour timeframe, this analysis was prepared in 1-hour timeframe but has been published for a better view in 2-hour timeframe.
According to this analysis and previous analyzes, we said that wave b is completed from wave four and wave c is being formed.
From wave c , we think that wave 1 is complete and wave 2 is forming.
We assume that wave 2 is long in time and flat in pattern.
From this felt, one or three waves are completed in a zigzag pattern and end on 0.50 fibo for wave 2 compared to wave 1.
And now we expect three more downward waves.
If Fibonacci 0.5 is broken upwards, Wave 2 will probably end in a zigzag pattern on Fibonacci 0.618.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
❤️Please, support this idea with a like and comment!❤️
According to this analysis and previous analyzes, we said that wave b is completed from wave four and wave c is being formed.
From wave c , we think that wave 1 is complete and wave 2 is forming.
We assume that wave 2 is long in time and flat in pattern.
From this felt, one or three waves are completed in a zigzag pattern and end on 0.50 fibo for wave 2 compared to wave 1.
And now we expect three more downward waves.
If Fibonacci 0.5 is broken upwards, Wave 2 will probably end in a zigzag pattern on Fibonacci 0.618.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
❤️Please, support this idea with a like and comment!❤️
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.