DXY (Dollar Index) | Start the uptrend
Hello traders, Dollar Index in 4-hour timeframe, this analysis is prepared in 4-hour timeframe but is published for better visibility in 8-hour timeframe.
The dollar index of wave 4 has ended and the cup pattern is complete, if the price can break its previous ceiling, the beginning of wave 5 will be confirmed.
Also, in Time Daily, in the same area where the index reacted, there is a resistance ( trend line ) that if it is completely defeated, the uptrend will be confirmed.
But if it can not cross this area and cross the middle line of the canal, this analysis will be fielded.
🙏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!❤️
The dollar index of wave 4 has ended and the cup pattern is complete, if the price can break its previous ceiling, the beginning of wave 5 will be confirmed.
Also, in Time Daily, in the same area where the index reacted, there is a resistance ( trend line ) that if it is completely defeated, the uptrend will be confirmed.
But if it can not cross this area and cross the middle line of the canal, this analysis will be fielded.
🙏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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