๐โโ๏ธThe DXY index is moving in the Ascending Channel and seems to have broken the ๐ดHeavy Resistance zone($105.88-$104.65)๐ด, and is currently moving in a small Descending Channel and making a pullback to this zone.
๐According to the theory of Elliott waves, it seems that the DXY index has succeeded in completing the Zigzag correction(ABC/5-3-5) inside the descending channel.
๐กAlso, we can see Regular Divergence(RD+) between two Consecutive Valleys.
๐I expect the DXY index to Gp UP to at least the ๐ตGAP($106.613-$106.504)๐ตafter breaking the upper line of the descending channel.
โ๏ธโ ๏ธNoteโ ๏ธโ๏ธ: If the DXY index can break the lower line of the descending channel, we can expect the DXY index to drop more.
U.S.Dollar Currency Index ( DXYUSD ) Analyze, 4-hour time frameโฐ.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the โ ' like'โ button ๐๐ & Share it with your friends; thanks, and Trade safe.
๐According to the theory of Elliott waves, it seems that the DXY index has succeeded in completing the Zigzag correction(ABC/5-3-5) inside the descending channel.
๐กAlso, we can see Regular Divergence(RD+) between two Consecutive Valleys.
๐I expect the DXY index to Gp UP to at least the ๐ตGAP($106.613-$106.504)๐ตafter breaking the upper line of the descending channel.
โ๏ธโ ๏ธNoteโ ๏ธโ๏ธ: If the DXY index can break the lower line of the descending channel, we can expect the DXY index to drop more.
U.S.Dollar Currency Index ( DXYUSD ) Analyze, 4-hour time frameโฐ.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the โ ' like'โ button ๐๐ & Share it with your friends; thanks, and Trade safe.
Dagangan aktif
Nota
Running WellI expect the DXY index will touch and break the upper line of the descending channel.
Dagangan ditutup: sasaran tercapai
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๐ Free VIP Forex and Crypto Signals, please visit:
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๐ Free VIP Forex and Crypto Signals, please visit:
๐ t.me/ProTrader_365
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
