DXY (Dollar Index) | The last rising wave of the DXYð§
Hello traders, The dollar index in daily timeframe ,Waves a and b are completed at higher times and now wave c is being formed.
In wave c, waves 1, 2 and 3 are formed and now waves 4 and 5 must be examined.
Wave 4 is formed as a flat, from this flat wave c is probably completed.
If wave c is completed, wave 4 is over and then wave 5 is formed, and at lower timeframes the correction should not go beyond Fibo 0.78.
In case of further correction, wave c and wave 4 have not been completed yet, and the last wave, wave 5, must be completed.
ðIf you have an idea that helps me provide a better analysis, I will be happy to write in the commentsð
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In wave c, waves 1, 2 and 3 are formed and now waves 4 and 5 must be examined.
Wave 4 is formed as a flat, from this flat wave c is probably completed.
If wave c is completed, wave 4 is over and then wave 5 is formed, and at lower timeframes the correction should not go beyond Fibo 0.78.
In case of further correction, wave c and wave 4 have not been completed yet, and the last wave, wave 5, must be completed.
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