Time to temporarily increase DXY Index (4-hour time frame⏰)

14 Jul 2023

DXY is moving in a 🟢heavy support zone($99.80-$99.44)🟢 and 🟡Price Reversal Zone(PRZ)🟡.

In terms of Elliott wave theory, I expect the end of wave 3 to be complete at the PRZ, so we should look for bullish reversal patterns. As a result, one of the patterns you can see in the 4-hour time frame is the Bullish Engulfing Candlestick Pattern.

🔔I expect the DXY to have a temporary uptrend to the 🔴resistance zone($101.30-$100.82)🔴 in the coming days.

U.S.Dollar Currency Index ( DXYUSD ) Analyze, 4-hour time frame⏰.

Do not forget to put Stop loss for your positions (For every position you want to open).

Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.

Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.

17 Jul 2023

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20 Jul 2023

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