U.S. Dollar Currency Index
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DXY (Dollar Index) | The best scenario for the last fall๐Ÿ“

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Hello traders, Dollar Index in 4-Hour Timeframe This analysis is prepared in 4-hour timeframe but has been published for a better view in 8-hour timeframe.
In this analysis, I examined wave 4 at higher timeframes.
Wave c is completed from wave 4 to 5 waves, in this cycle 5 waves of wave 3 were extended.
Current trends:
In this analysis, we identified two possibilities:
Probability 1 (blue trend): Wave (1) completes microwaves 1, 2 and 3 and we expect wave 4 to be completed at the bottom of the channel, then wave 5 will be formed at the bottom of the channel and at the end of correction for wave 2.
Probability 2 (purple trend): Waves 1, 2, 3, 4 and 5 for wave 1 are formed in the form of a leading triangle and will confirm the correction channel for wave 2 after breaking the ceiling.
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