DXY (Dollar Index) | The best area to fall 🔥
Hello traders, Dollar Index in 4-Hour Timeframe This analysis is prepared in 4-hour timeframe but has been published for a better view in 8-hour timeframe.
Suppose we have wave x another microwave to complete and start wave y .
Of course, the wave is counted in such a way that there are possibilities inside it that are far from the mind, therefore, the index has the ability to descend from this limit and before ascending again.
Currently, we are considering the possibility of climbing to the Fibo target of 0.88 and hitting the roof of the channel again.
If the price crosses Fibonacci 0.88 and its slope is such that it breaks the channel ceiling, the probability of falling for wave y is reduced and this analysis will be field.
🙏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!❤️
Suppose we have wave x another microwave to complete and start wave y .
Of course, the wave is counted in such a way that there are possibilities inside it that are far from the mind, therefore, the index has the ability to descend from this limit and before ascending again.
Currently, we are considering the possibility of climbing to the Fibo target of 0.88 and hitting the roof of the channel again.
If the price crosses Fibonacci 0.88 and its slope is such that it breaks the channel ceiling, the probability of falling for wave y is reduced and this analysis will be field.
🙏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!❤️
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Wyłączenie odpowiedzialności
Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.