DXY (Dollar Index) | The best spot to fallð
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.
As I said in the previous analysis, we assumed that wave 4 formed outside the channel and wave 5 was completed as a pullback on the channel.
Now we are waiting for wave 5 to make its move before the end of wave 1 and to complete a complete cycle for the wave of a leader in higher timeframes.
The price has conditions to fall from this point, but the best point is the purple circle.
This analysis will be field if the price crosses the warning sign.
ðIf you have an idea that helps me provide a better analysis, I will be happy to write in the commentsð
âĪïļPlease, support this idea with a like and comment!âĪïļ
As I said in the previous analysis, we assumed that wave 4 formed outside the channel and wave 5 was completed as a pullback on the channel.
Now we are waiting for wave 5 to make its move before the end of wave 1 and to complete a complete cycle for the wave of a leader in higher timeframes.
The price has conditions to fall from this point, but the best point is the purple circle.
This analysis will be field if the price crosses the warning sign.
ðIf you have an idea that helps me provide a better analysis, I will be happy to write in the commentsð
âĪïļPlease, support this idea with a like and comment!âĪïļ
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