🏃♂️The DXY Index is moving in a Descending Channel.
🌊According to the theory of Elliott waves, it seems that the DXY Index is forming a Double Three Correction(WXY) inside the descending channel.
🌊Currently, the DXY Index seems to have completed the microwave A of the main wave Y.
🔔I expect microwave B from the main wave Y to fill the upper 🔵Gap🔵 and then descend to the areas I marked on the chart.
U.S.Dollar Currency Index ( DXYUSD ) Analyze, 4-hour time frame⏰.
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 be glad to see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
🌊According to the theory of Elliott waves, it seems that the DXY Index is forming a Double Three Correction(WXY) inside the descending channel.
🌊Currently, the DXY Index seems to have completed the microwave A of the main wave Y.
🔔I expect microwave B from the main wave Y to fill the upper 🔵Gap🔵 and then descend to the areas I marked on the chart.
U.S.Dollar Currency Index ( DXYUSD ) Analyze, 4-hour time frame⏰.
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 be glad to see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
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🔔Please follow us on Telegram for more analysis.👉 t.me/ProTrader_365
🎁Get a 20% Discount on your trading FEE on Bingx: shorturl.at/cfhE3
