🏃♂️The DXY index is moving in the Ascending Channel and seems to have broken the 🔴Heavy Resistance zone($105.88-$104.65)🔴, and is currently moving in a small Descending Channel and making a pullback to this zone.
🌊According to the theory of Elliott waves, it seems that the DXY index has succeeded in completing the Zigzag correction(ABC/5-3-5) inside the descending channel.
💡Also, we can see Regular Divergence(RD+) between two Consecutive Valleys.
🔔I expect the DXY index to Gp UP to at least the 🔵GAP($106.613-$106.504)🔵after breaking the upper line of the descending channel.
❗️⚠️Note⚠️❗️: If the DXY index can break the lower line of the descending channel, we can expect the DXY index to drop more.
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 gladly see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
🌊According to the theory of Elliott waves, it seems that the DXY index has succeeded in completing the Zigzag correction(ABC/5-3-5) inside the descending channel.
💡Also, we can see Regular Divergence(RD+) between two Consecutive Valleys.
🔔I expect the DXY index to Gp UP to at least the 🔵GAP($106.613-$106.504)🔵after breaking the upper line of the descending channel.
❗️⚠️Note⚠️❗️: If the DXY index can break the lower line of the descending channel, we can expect the DXY index to drop more.
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 gladly see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Dagangan aktif
Nota
Running WellI expect the DXY index will touch and break the upper line of the descending channel.
Dagangan ditutup: sasaran tercapai
Sorry for delay update.
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🎁Get a 20% Bonus & 30% Discount on LBANK exchange(NO KYC)👉lbank.one/join/uBythQd
🎁Get a 20% Bonus & 30% Discount on LBANK exchange(NO KYC)👉lbank.one/join/uBythQd
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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.