DXY - 18Mar2022
DXY - 18Mar2022
On the H4, price is finding sizable demand from the 1st Support at 97.78 this could also be the ending point for Wave 5-(IV)(C). Therefore, we could expect price to find support and bounce to 1st Resistance at 98.695 if price can bounce above 23.6% Fib at 98.10.
In the case that the price breaks below 97.79, wave count will be invalidated.
This is for personal record purposes only, not financial advise or solicitation of trade.
On the H4, price is finding sizable demand from the 1st Support at 97.78 this could also be the ending point for Wave 5-(IV)(C). Therefore, we could expect price to find support and bounce to 1st Resistance at 98.695 if price can bounce above 23.6% Fib at 98.10.
In the case that the price breaks below 97.79, wave count will be invalidated.
This is for personal record purposes only, not financial advise or solicitation of trade.
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.