đââïžThe DXY index is moving in the Ascending Channel and seems to have broken the đŽHeavy Resistance zone($105.88-$104.65)đŽ, and is currently moving in a small Descending Channel and making a pullback to this zone.
đAccording 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.
đĄAlso, we can see Regular Divergence(RD+) between two Consecutive Valleys.
đI expect the DXY index to Gp UP to at least the đ”GAP($106.613-$106.504)đ”after breaking the upper line of the descending channel.
âïžâ ïžNoteâ ïžâïž: 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 frameâ°.
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 â ' like'â button đđ & Share it with your friends; thanks, and Trade safe.
đAccording 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.
đĄAlso, we can see Regular Divergence(RD+) between two Consecutive Valleys.
đI expect the DXY index to Gp UP to at least the đ”GAP($106.613-$106.504)đ”after breaking the upper line of the descending channel.
âïžâ ïžNoteâ ïžâïž: 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 frameâ°.
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 â ' like'â button đđ & Share it with your friends; thanks, and Trade safe.
Handel aktiv
Trade stÀngt: mÄlet nÄtt:
Sorry for delay update.
đReal & Accurcy Free & VIP Signals/Learing Technical Analysisđ t.me/ProTrader_365
đPlease follow us on Telegram for more analysis.đ t.me/ProTrader_365
đGet a 20% Discount on your trading FEE on Bingx: shorturl.at/cfhE3
đPlease follow us on Telegram for more analysis.đ t.me/ProTrader_365
đGet a 20% Discount on your trading FEE on Bingx: shorturl.at/cfhE3
I expect the DXY index will touch and break the upper line of the descending channel.