DXY (Dollar Index) | Small correction♻️
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.
We expected the dollar index to be a five-wave longer wave as a triangle leader. but it did not happen.
And it ended in the same area.
The scenario was that we are inside the fourth wave that wave b is forming and wave b is currently over in our view unless the scenario changes.
Wave c started and this wave formed the first microwave, wave 1.
Wave 1 in the form of five waves is progressively making its last wave, wave 5. It is expected that wave 5 of 1 will start the second wave for wave c after hitting the channel ceiling or finally Fibo 1.00.
However, it should be noted that wave 5 can also be an extended wave.
🙏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!❤️
We expected the dollar index to be a five-wave longer wave as a triangle leader. but it did not happen.
And it ended in the same area.
The scenario was that we are inside the fourth wave that wave b is forming and wave b is currently over in our view unless the scenario changes.
Wave c started and this wave formed the first microwave, wave 1.
Wave 1 in the form of five waves is progressively making its last wave, wave 5. It is expected that wave 5 of 1 will start the second wave for wave c after hitting the channel ceiling or finally Fibo 1.00.
However, it should be noted that wave 5 can also be an extended wave.
🙏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!❤️
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.