DXY (Dollar Index) | The best targets 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.
According to the view we had in the analysis four hours ago, and the view was that the index should be sideways in the range from the midline of the channel to its ceiling, and this also happened.
This side motion can be considered part of wave 4 of wave c of wave 2.
Or it can see part of waves 1 and 2 for wave 2 of wave (4).
In general, we think the dollar index will prepare for the decline to Fibonacci 1.00, the price of 91,800.
This descent can start from the same area by breaking the middle line of the orange channel or the value beyond its ceiling.
🙏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 the view we had in the analysis four hours ago, and the view was that the index should be sideways in the range from the midline of the channel to its ceiling, and this also happened.
This side motion can be considered part of wave 4 of wave c of wave 2.
Or it can see part of waves 1 and 2 for wave 2 of wave (4).
In general, we think the dollar index will prepare for the decline to Fibonacci 1.00, the price of 91,800.
This descent can start from the same area by breaking the middle line of the orange channel or the value beyond its ceiling.
🙏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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