Hello traders, The dollar index in daily timeframe ,Waves a and b are completed at higher times and now wave c is being formed.
In wave c, waves 1, 2 and 3 are formed and now waves 4 and 5 must be examined.
Wave 4 is formed as a flat, from this flat wave c is probably completed.
If wave c is completed, wave 4 is over and then wave 5 is formed, and at lower timeframes the correction should not go beyond Fibo 0.78.
In case of further correction, wave c and wave 4 have not been completed yet, and the last wave, wave 5, must be completed.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
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In wave c, waves 1, 2 and 3 are formed and now waves 4 and 5 must be examined.
Wave 4 is formed as a flat, from this flat wave c is probably completed.
If wave c is completed, wave 4 is over and then wave 5 is formed, and at lower timeframes the correction should not go beyond Fibo 0.78.
In case of further correction, wave c and wave 4 have not been completed yet, and the last wave, wave 5, must be completed.
🙏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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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.