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 the previous analysis, we had a descent for wave b from the second wave of wave c and this descent happened.
We guessed the depth of descent was less and longer in time.
The wave that started can be wave b from the second wave flat or it can be one of the microwaves, the third wave from wave c .
But in general we will expect a correction, the correction can be done from the same area or in Fibo 1.00 with the failure of the channel
And If Fibo 1.00 is broken, the downtrend will continue to move fast and strong.
The correction expectation we will have will be a maximum of 93,800.
🙏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 the previous analysis, we had a descent for wave b from the second wave of wave c and this descent happened.
We guessed the depth of descent was less and longer in time.
The wave that started can be wave b from the second wave flat or it can be one of the microwaves, the third wave from wave c .
But in general we will expect a correction, the correction can be done from the same area or in Fibo 1.00 with the failure of the channel
And If Fibo 1.00 is broken, the downtrend will continue to move fast and strong.
The correction expectation we will have will be a maximum of 93,800.
🙏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!❤️