DXY (Dollar Index) | The last point to fall 🔥
Hello traders, Dollar Index in 4-Hour Timeframe This analysis is prepared in 4-hour timeframe but has been published for a better view in 8-hour timeframe.
At this time, we still preferred that the wave count be arranged in the same way as the previous analysis scenario.
In this scenario, the dollar index is inside its fourth wave at higher times and is forming from the fourth wave of wave b. Wave b has reacted exactly to Fibo 1.38 and is building a ceiling. Move towards this Fibonacci and will continue its decline for wave c to Fibonacci 1.27.
But if wave b moves beyond Fibo 1.38, wave c cannot pass through the end of wave a .
Also, the zigzag formed for wave b , wave c relative to wave a if it moves beyond 2.618 will be completely analyzed field.
It should be said that we had other scenarios in mind, and if the black trend line is completely broken, the decline will be confirmed.
🙏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!❤️
At this time, we still preferred that the wave count be arranged in the same way as the previous analysis scenario.
In this scenario, the dollar index is inside its fourth wave at higher times and is forming from the fourth wave of wave b. Wave b has reacted exactly to Fibo 1.38 and is building a ceiling. Move towards this Fibonacci and will continue its decline for wave c to Fibonacci 1.27.
But if wave b moves beyond Fibo 1.38, wave c cannot pass through the end of wave a .
Also, the zigzag formed for wave b , wave c relative to wave a if it moves beyond 2.618 will be completely analyzed field.
It should be said that we had other scenarios in mind, and if the black trend line is completely broken, the decline will be confirmed.
🙏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!❤️