Hello traders, Dollar Index in Daily Timeframe , The dollar index has been and is very vague in terms of wave count.
As we said, we are in wave b at weekly time.
Wave b is formed as a flat with only wave c remaining.
Wave c We can not comment on this at this time due to the current situation, but we have two possibilities:
In the first case, we will have a descent from the same area, which has two forms. In the first case, the formation of this descent is in the form of wave 4, and in the second case, this descent can be in the form of wave c , which we have shown in the weekly time.
The second possibility that I think is likely to happen is that we will climb in the form of wave 5 and continue wave c of wave b provided that the price of 94,500 is broken.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
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