Dollar Index is completing a clean 5‑wave advance. Price is reacting at resistance, suggesting a potential Wave 4 pullback before the final push toward the major supply zone above. As long as the must‑hold support holds, the bullish structure remains intact. Watching for the corrective dip to set up the Wave 5 continuation.
🔍 Key Points for Traders
• Clear 5‑wave impulse structure forming on the 4H timeframe
• Price reacting at prior resistance, signaling a possible Wave 4 correction
• Trendline support and demand zone align as the ideal retracement area
• Wave 5 projection targets the major resistance level above
• Structure remains bullish unless the must‑hold zone is broken
🔍 Key Points for Traders
• Clear 5‑wave impulse structure forming on the 4H timeframe
• Price reacting at prior resistance, signaling a possible Wave 4 correction
• Trendline support and demand zone align as the ideal retracement area
• Wave 5 projection targets the major resistance level above
• Structure remains bullish unless the must‑hold zone is broken
Transaction en cours
Resistance target touched but I will not close this trade idea yet because I see there likely a liquidity sweep above the resistance target before the next structural direction. Trade fermée: cible de profit atteinte
Target reached but second attempt failed. I will analyze the chart and provide a fresh idea soon. Thanks for following along
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.