DXY (Dollar Index)|The last rising wave
Hello traders, Dollar Index in 4-hour timeframe, this analysis is prepared in 4-hour timeframe, but is displayed for 8-hour timeframe for better visibility.
According to the previous analysis, we are now inside wave c and this wave will end with 5 microwaves. The two probable targets for the c-Fibo wave are 0.88 and 1.00, with Fibos of 0.38 and 0.50 forming a region (PRZ).
We will see a reaction after dealing with these areas, and in case of failure, it will go up to Fibo 1.27, which will be examined later.
🙏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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According to the previous analysis, we are now inside wave c and this wave will end with 5 microwaves. The two probable targets for the c-Fibo wave are 0.88 and 1.00, with Fibos of 0.38 and 0.50 forming a region (PRZ).
We will see a reaction after dealing with these areas, and in case of failure, it will go up to Fibo 1.27, which will be examined later.
🙏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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