DXY
Dollar Index (DXY) | Analysis of the dollar index for 2022🔥Hello traders, Dollar Index ( DXY ) in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe.
In the counting wave we did, at higher times, a leading trend was formed, and from this trend, waves 4 and 5 remain.
Wave 4 was originally intended as a flat, but wave c, which we identified in the count now, did not look like a leader, and we assumed it would be a zigzag triple.
So the count has changed to triangle and from this triangle the waves a, b and c are complete and now we are inside the wave d.
From wave d, wave a is still being completed, and from wave a, the end of wave 3 is unknown, and waves 4 and 5 are not formed in our view.
After the end of wave a, wave b forms a sideways trend that is long in time, after which wave c moves to the size of wave a and is ready to start wave e on the upper side of the triangle.
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Dollar Index (DXY) | Analysis of the dollar index for 2022🔥Hello traders, Dollar Index ( DXY ) in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe.
In the wave count that was performed at higher times, a progressive trend was formed and from this trend, waves 4 and 5 remain.
Wave 4 was originally intended as a flat, but wave c , which we have now identified in the count, does not resemble a leader, and we assumed that it would be a triple zigzag .
So the count has changed to a triangle, and from this triangle the waves a , b and c are complete, and now we are inside wave d .
From wave d , wave a is still forming.
And from wave a the end of wave 3 is unknown and waves 4 and 5 are not formed in our view.
At the end of wave a , wave b forms a sideways trend that is long in time, after which wave c moves to the size of wave a and is ready to start wave e on the upper side of the triangle.
🙏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!❤️
DXY Trading Plan - 23/Nov/2021Hello Traders,
Hope you all are doing good!!
I expect DXY to go DOWN after finishing this ending structure.
Look for your SELL setups.
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Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea
DXYDear traders,
As I have been accustomed to in recent months and this time my technical analysis had an accuracy rate of over 95% and I will try to continue to keep this percentage as long as possible
as I said on last weeks ... DXY reached target 1 which I set from where it rejected to the resistance area of 92600
from here I expect a small retreat and then I will continue BUY to target 2 and complete W
THIS WEEK...this week I will draw a parallel between the 1 week chart and the 1 month chart because the month has just ended and I would like to know what to expect ...
Exactly as I said ... DXY has passed target 1 and is heading towards target 2 which complete W,from where it will have a strong rejection to the 93,500 area and from there even to 91,900 ... from where the ascent begins again ...
NOTE: Please, give a LIKE if you find this idea useful!
GREAT ATTENTION:
*This information is not a Financial Advice.
DXYDear traders,
As I have been accustomed to in recent months and this time my technical analysis had an accuracy rate of over 95% and I will try to continue to keep this percentage as long as possible
as I said on last weeks ...as I said in the last analysis made on July 4, DXY reached target 1 which I set from where it rejected to the resistance area of 92600
from here I expect a small retreat and then I will continue BUY to target 2 and complete W
THIS WEEK....exactly as I said ... DXY has passed target 1 and is heading towards target 2 which complete W
NOTE: Please, give a LIKE if you find this idea useful!
GREAT ATTENTION:
*This information is not a Financial Advice.
DXYDear traders,
As I have been accustomed to in recent months and this time my technical analysis had an accuracy rate of over 95% and I will try to continue to keep this percentage as long as possible
as I said on last weeks ... a closure even for 1 day over Fibonacci 618 means BUY to Fibonacci 786 as he did and where he rejected!
in the next period I will continue to look for BUY until area 93400-94
THIS WEEK....as I said in the last analysis made on July 4, DXY reached target 1 which I set from where it rejected to the resistance area of 92600
from here I expect a small retreat and then I will continue BUY to target 2 and complete W
NOTE: Please, give a LIKE if you find this idea useful!
GREAT ATTENTION:
*This information is not a Financial Advice.
DXYDear traders,
As I have been accustomed to in recent months and this time my technical analysis had an accuracy rate of over 95% and I will try to continue to keep this percentage as long as possible
as I said on last weeks ... as I said last week DXY rejected and closed in the area 91,900 but below the value of FIBONACCI 618!
in the next period DXY is in a very difficult area and I will look for BUY if it closes even for a day over Fibonacci 618 to Fibonacci 786 and I will look for SELL again for a possible closing below 9130!
anyway ... closing for a month is decisive but I will bet more on BUY because W's formed on the 1 month chart!
THIS WEEK...as I said last week ... a closure even for 1 day over Fibonacci 618 means BUY to Fibonacci 786 as he did and where he rejected!
in the next period I will continue to look for BUY until area 93400-94 but a closure even for 1 day under Fibonacci 618 (91941) forces me to think again about SELLpana in area 91480 or even below ....
NOTE: Please, give a LIKE if you find this idea useful!
GREAT ATTENTION:
*This information is not a Financial Advice.