Hello traders, Dollar Index in 1 Hour Timeframe, this analysis has been prepared in 1 hour time frame but has been published for a better view in 2 hour time frame.
As in the previous analysis, I said that the price in the form of wave 3 could reach Fibo 1.618 on its own, and we expected it to have a small correction before this move, but this correction was done at a lower price.
If the index does not continue this correction and its side motion is less for wave 3 microwaves, it indicates the strength of wave 3 and increases the possibility of breaking Fibo 1.618, in which case wave 3 is of the extended type.
If wave 3 microwaves have a small ascent after a side mode, it indicates the formation of wave 4 at the channel ceiling.
If the channel floor is broken, this analysis will be fielded.
If the bottom of the canal is broken, wave 3 is of the extended type.
🙏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!❤️
As in the previous analysis, I said that the price in the form of wave 3 could reach Fibo 1.618 on its own, and we expected it to have a small correction before this move, but this correction was done at a lower price.
If the index does not continue this correction and its side motion is less for wave 3 microwaves, it indicates the strength of wave 3 and increases the possibility of breaking Fibo 1.618, in which case wave 3 is of the extended type.
If wave 3 microwaves have a small ascent after a side mode, it indicates the formation of wave 4 at the channel ceiling.
If the channel floor is broken, this analysis will be fielded.
If the bottom of the canal is broken, wave 3 is of the extended type.
🙏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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Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.