Hello traders, Dollar Index in Daily Timeframe , Dollar Index We still believe that the fall of five waves in the form of wave c will form wave 4.
In the four-hour time, we expected the formation of a head and shoulder pattern , This pattern was completed on Friday, and we expect a descent to the target, ie the middle line of the channel.
But due to the strong upward movement, reaching the specified target will be a little difficult.
If the previous roof is broken, we have no hope of falling.
🙏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!❤️
In the four-hour time, we expected the formation of a head and shoulder pattern , This pattern was completed on Friday, and we expect a descent to the target, ie the middle line of the channel.
But due to the strong upward movement, reaching the specified target will be a little difficult.
If the previous roof is broken, we have no hope of falling.
🙏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!❤️