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.
According to yesterday's move and according to the four-hour analysis, the movement index continued to Fibo 1.27 and there were fluctuations in this range, but it must be said that this scenario has more or less been fielded.
But we still think the decline is on the way.
Also, the ratio of wave a to wave c is questioned and we consider the last ratio, ie Fibo 2.618. This Fibo is very unusual for a zigzag and often occurs within the correction waves of a triangle, and wave 4 can also be a triangle. .
In general, I think the trend is painful and after the formation of waves 3, 4 and 5 from wave 5 from wave c the price will fall.
🙏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!❤️
According to yesterday's move and according to the four-hour analysis, the movement index continued to Fibo 1.27 and there were fluctuations in this range, but it must be said that this scenario has more or less been fielded.
But we still think the decline is on the way.
Also, the ratio of wave a to wave c is questioned and we consider the last ratio, ie Fibo 2.618. This Fibo is very unusual for a zigzag and often occurs within the correction waves of a triangle, and wave 4 can also be a triangle. .
In general, I think the trend is painful and after the formation of waves 3, 4 and 5 from wave 5 from wave c the price will fall.
🙏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!❤️
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.