Hello traders, Dollar Index in Daily Timeframe , According to the previous analysis and the scenario we considered, the dollar index is inside the wave b which is formed as a flat.
And from this flat wave c is being formed.
Wave c is a wave that determines the target of wave b relative to wave a .
In this sense, wave c is on the Fibonacci 0.38 for wave b .
And it is expected to go down to the middle of the channel.
And this descent occurs if the canal roof is broken downwards.
In general, the index is in a position that can move in two directions.
And if Fibo breaks 0.38, the uptrend will continue.
🙏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!❤️
And from this flat wave c is being formed.
Wave c is a wave that determines the target of wave b relative to wave a .
In this sense, wave c is on the Fibonacci 0.38 for wave b .
And it is expected to go down to the middle of the channel.
And this descent occurs if the canal roof is broken downwards.
In general, the index is in a position that can move in two directions.
And if Fibo breaks 0.38, the uptrend will continue.
🙏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!❤️
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.