Dollar Falling Ends Soon? Look What Pattern Is Forming!”

Asset: U.S. Dollar Index (DXY)
Timeframe: 1D (Daily Chart)
Methodology: Elliott Wave + FVG (Fair Value Gap) + Price Action

DXY has completed an impulsive 5-wave bearish structure, now entering a high-probability reversal zone marked by strong buyer interest around the Wave 5 bottom.

📌 Key Insights:

Wave 5 approaching demand zone (Buyers' area)

Price inside Fair Value Gap (FVG) – potential order block

Bullish reversal expected from here

Forecast: A breakout into an ascending channel, confirming reversal


💡 If Wave 5 holds, we may see a sharp upside rally aligning with smart money accumulation + Elliott Wave psychology.

🔔 Watch for bullish confirmations near 97.50–98.00 for a potential long setup targeting the 104–107 zone.