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.
Well, we still have the same mindset of correcting all this sideways trend for Wave 4 at higher times
In this process, the side of wave b of the plate is probably irregular or it can be said that wave 4 triangle is forming.
Wave b which is formed in a zigzag pattern is inside its wave c and wave c will be forming its fifth wave.
Inside wave 5, waves 1, 2, and 3 are probably fully formed, and now we expect wave 4 to form.
In the previous analysis, we assumed that wave 4 would form a suffering condition in this range, and this side structure also took place, and the probability that we are considering for today is another ascent to Fibo 2.618 for wave c relative to wave a will have.
Of course, a certain red trend will also occur, a decline and then a rise and if the intersection that we marked the circle is broken, the descent process will start in the same area. If Fibo 2.618 is broken, this scenario will be fielded.
🙏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!❤️
Well, we still have the same mindset of correcting all this sideways trend for Wave 4 at higher times
In this process, the side of wave b of the plate is probably irregular or it can be said that wave 4 triangle is forming.
Wave b which is formed in a zigzag pattern is inside its wave c and wave c will be forming its fifth wave.
Inside wave 5, waves 1, 2, and 3 are probably fully formed, and now we expect wave 4 to form.
In the previous analysis, we assumed that wave 4 would form a suffering condition in this range, and this side structure also took place, and the probability that we are considering for today is another ascent to Fibo 2.618 for wave c relative to wave a will have.
Of course, a certain red trend will also occur, a decline and then a rise and if the intersection that we marked the circle is broken, the descent process will start in the same area. If Fibo 2.618 is broken, this scenario will be fielded.
🙏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!❤️