DXY (Dollar Index) | The best spot to fall📍
Hello traders, Dollar index in 1 hour time frame.
According to previous analyzes, wave 4 is over. Now we are inside wave 5 or one of its microwaves, and this leading wave is formed in the form of a triangle.
This triangle completes its waves 1, 2, 3, and 4, and we are probably now inside wave 5, and wave 5 has reached its Fibo 0.50, and now the two possible states correct themselves or move towards the Fibo 0.618, and then enter the correction phase.
The best point to drop the roof is a triangle.
After breaking the bottom of the triangle, I expect the price to fall to Fibo 0.618.
🙏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!❤️
According to previous analyzes, wave 4 is over. Now we are inside wave 5 or one of its microwaves, and this leading wave is formed in the form of a triangle.
This triangle completes its waves 1, 2, 3, and 4, and we are probably now inside wave 5, and wave 5 has reached its Fibo 0.50, and now the two possible states correct themselves or move towards the Fibo 0.618, and then enter the correction phase.
The best point to drop the roof is a triangle.
After breaking the bottom of the triangle, I expect the price to fall to Fibo 0.618.
🙏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!❤️
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.