DXY (Dollar Index) |Slight weakening of the dollar📍
Hello traders, The dollar index in 1 hour time, as I said in the previous analysis, the uptrend for wave B, but from now on there are two possibilities:
1- Is wave 4 over?
2- Can this wave be a wave of 1 out of 5?
However, we analyze bilaterally if the price approaches the bottom trend line (the bottom line of the channel) and break the trend, but if the trend is down and the white circle is broken, in this case it was probably wave 1. Is. But we can not be sure until the price crosses the warning sign because it may have been a 4 zigzag wave.
The best place to be sure of the price is the break line trend or warning sign.
❤️Please, support this idea with a like and comment!❤️
1- Is wave 4 over?
2- Can this wave be a wave of 1 out of 5?
However, we analyze bilaterally if the price approaches the bottom trend line (the bottom line of the channel) and break the trend, but if the trend is down and the white circle is broken, in this case it was probably wave 1. Is. But we can not be sure until the price crosses the warning sign because it may have been a 4 zigzag wave.
The best place to be sure of the price is the break line trend or warning sign.
❤️Please, support this idea with a like and comment!❤️