Hello traders, DXY in 1-hour timeframe, this analysis was prepared in 1-hour timeframe but has been published for a better view in 2-hour timeframe.
We expected the dollar index to be a five-wave longer wave as a triangle leader. but it did not happen.
And it ended in the same area.
The scenario was that we are inside the fourth wave that wave b is forming and wave b is currently over in our view unless the scenario changes.
Wave c started and this wave formed the first microwave, wave 1.
Wave 1 in the form of five waves is progressively making its last wave, wave 5. It is expected that wave 5 of 1 will start the second wave for wave c after hitting the channel ceiling or finally Fibo 1.00.
However, it should be noted that wave 5 can also be an extended wave.
🙏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!❤️
We expected the dollar index to be a five-wave longer wave as a triangle leader. but it did not happen.
And it ended in the same area.
The scenario was that we are inside the fourth wave that wave b is forming and wave b is currently over in our view unless the scenario changes.
Wave c started and this wave formed the first microwave, wave 1.
Wave 1 in the form of five waves is progressively making its last wave, wave 5. It is expected that wave 5 of 1 will start the second wave for wave c after hitting the channel ceiling or finally Fibo 1.00.
However, it should be noted that wave 5 can also be an extended wave.
🙏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.