DXY update
In the previous analysis, which was placed in the weekly time frame, we said that it seems that the upward trend of the dollar index continues.
In the 1-hour timeframe, it seems that an Elongated Flat pattern is forming and we are currently in wave C. This pattern shows that we are probably facing a triangle in the future and the correction of this indicator can be a triangle pattern.
After the completion of the pattern, at least 61.8% of the wave C can be expected to return.
https://www.tradingview.com/i/bXh3vWCK/
In the 1-hour timeframe, it seems that an Elongated Flat pattern is forming and we are currently in wave C. This pattern shows that we are probably facing a triangle in the future and the correction of this indicator can be a triangle pattern.
After the completion of the pattern, at least 61.8% of the wave C can be expected to return.
https://www.tradingview.com/i/bXh3vWCK/
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.