Dollar Index (DXY) | Analysis of the dollar index for 2022๐ฅ
Hello traders, Dollar Index (DXY) in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe.
Based on the analysis, we are inside wave 4 and consider wave 4 as a triangle.
From this triangle, waves a , b and c are formed and now we are inside wave d .
Wave d is most likely zigzagged, and from this zigzag the structures of wave a are formed.
Wave a Waves 1 and 2 are over and it can be said that Wave 3 is at the end of its trend, which we have targeted in the analysis.
Wave 4 will probably move to the end of wave 1, in which wave 5 will start and move around 98000.
And after the completion of wave a , wave b is formed as a flat and wave c moves to the upper side of this triangle.
๐If you have an idea that helps me provide a better analysis, I will be happy to write in the comments๐
โค๏ธPlease, support this idea with a like and comment!โค๏ธ
Based on the analysis, we are inside wave 4 and consider wave 4 as a triangle.
From this triangle, waves a , b and c are formed and now we are inside wave d .
Wave d is most likely zigzagged, and from this zigzag the structures of wave a are formed.
Wave a Waves 1 and 2 are over and it can be said that Wave 3 is at the end of its trend, which we have targeted in the analysis.
Wave 4 will probably move to the end of wave 1, in which wave 5 will start and move around 98000.
And after the completion of wave a , wave b is formed as a flat and wave c moves to the upper side of this triangle.
๐If you have an idea that helps me provide a better analysis, I will be happy to write in the comments๐
โค๏ธPlease, support this idea with a like and comment!โค๏ธ