DXY (Dollar Index) | Deep correction♻️
Hello traders, DXY in 1-hour timeframe, this analysis was prepared in 1-hour timeframe but has been published for a better view in 2-hour timeframe.
Della Index We think we are still inside wave 2 and from wave 2 wave c is being formed and it should be formed in the form of five waves.
We considered the targets for wave c , the most normal of which is Fibo 0.88, and we think that wave 2 will be completed and wave c will start in this region.
If this wave is completed as three microwaves, it will probably be wave 2 of wave 3 or wave b of wave 3 of the diagonal triangle.
If the bottom of the purple channel is broken, a drop will occur to some extent.
🙏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!❤️
Della Index We think we are still inside wave 2 and from wave 2 wave c is being formed and it should be formed in the form of five waves.
We considered the targets for wave c , the most normal of which is Fibo 0.88, and we think that wave 2 will be completed and wave c will start in this region.
If this wave is completed as three microwaves, it will probably be wave 2 of wave 3 or wave b of wave 3 of the diagonal triangle.
If the bottom of the purple channel is broken, a drop will occur to some extent.
🙏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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