DXY (Dollar Index) | The last rising wave of the DXY๐ง
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.
The conditions created have changed the form of the wave count and I have a new perspective in this analysis.
Based on this wave count, waves 1, 2 and 3 have been completed in higher timeframes and now wave 4 is being formed.
In wave 4, we expect the formation of a double zigzag, from which the double zigzag wave w is completed and wave x is being formed.
In wave x, waves a and b are completed and wave c can end from this point or finally the channel ceiling and then wave (w) can start.
If the warning sign is broken, this analysis will be fielded.
๐If you have an idea that helps me provide a better analysis, I will be happy to write in the comments๐
โค๏ธPlease, support this idea with a like and comment!โค๏ธ
The conditions created have changed the form of the wave count and I have a new perspective in this analysis.
Based on this wave count, waves 1, 2 and 3 have been completed in higher timeframes and now wave 4 is being formed.
In wave 4, we expect the formation of a double zigzag, from which the double zigzag wave w is completed and wave x is being formed.
In wave x, waves a and b are completed and wave c can end from this point or finally the channel ceiling and then wave (w) can start.
If the warning sign is broken, this analysis will be fielded.
๐If you have an idea that helps me provide a better analysis, I will be happy to write in the comments๐
โค๏ธPlease, support this idea with a like and comment!โค๏ธ