DXY (Dollar Index) | Small 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.
According to the probability we gave in the previous analysis, the decline to the target of 93,800 occurred.
But we do not know the nature of this wave, we do not know if this wave is part of wave c of 2 waves or will be a new wave for wave 3.
But according to the four-hour analysis, there will be no confirmation of the start of wave 3 until the midline of the channel is broken down.
We now have two possibilities to descend to the midline and then ascend to the 94,100 target (provided the channel midline is not broken).
And in the next possibility climb from the same area to the target of 94,100 and even more.
🙏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 probability we gave in the previous analysis, the decline to the target of 93,800 occurred.
But we do not know the nature of this wave, we do not know if this wave is part of wave c of 2 waves or will be a new wave for wave 3.
But according to the four-hour analysis, there will be no confirmation of the start of wave 3 until the midline of the channel is broken down.
We now have two possibilities to descend to the midline and then ascend to the 94,100 target (provided the channel midline is not broken).
And in the next possibility climb from the same area to the target of 94,100 and even more.
🙏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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