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.
The dollar index completed the triangle of 4 wave c .
The wave structure of the 4 was not that it could be considered a flint, in fact because of the swinging and unavailable moves, and each of these movements in the form of 3 waves, the structure is more like a triangle.
In this wave triangle e , there is a very short movement down and indicates the dealers of the seller.
Therefore, the wave is likely to form a longer time and perhaps as a leading diameter triangle.
But in terms of precipitations, the Fibonio 2.618 for wave c will move in proportion of wave a, if most of this wave, this wave is.
And it should be said that if the green line failure, the decline is likely to be confirmed.
🙏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!❤️
The dollar index completed the triangle of 4 wave c .
The wave structure of the 4 was not that it could be considered a flint, in fact because of the swinging and unavailable moves, and each of these movements in the form of 3 waves, the structure is more like a triangle.
In this wave triangle e , there is a very short movement down and indicates the dealers of the seller.
Therefore, the wave is likely to form a longer time and perhaps as a leading diameter triangle.
But in terms of precipitations, the Fibonio 2.618 for wave c will move in proportion of wave a, if most of this wave, this wave is.
And it should be said that if the green line failure, the decline is likely to be confirmed.
🙏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!❤️