$DXY - Close up 1HR Downtrend

Güncellendi
-Surveying DXY on 1 Hourly (tf) and it's series of Higher Lows.
Breaking the Structure of recent previous x2Top and Resistance Trendline would
nullify the 1H* Downtrend (Rounding Top) in terms of Price Action,
with DXY heading Higher.
A-B-C correction would Break Structure of Uptrend on more broader picture (higher tf)



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DXY completing Wave A at a key S/R area & level 1 of Fibb'
Looking for a relief bounce of wave B before heading lower.
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Raised Concerns from this sharp impulsive drop from DXY.
30mins left until candlestick body close
Changing Charachter from the previous HL printed in Doji inside ket S/R area
&
breaking the Fibb 1Level.
Looking for a Bounce here with a decent support at 200EMA as well.
(B) -Wave relief bounce
Chart PatternsdollarindexDXYForexTrend AnalysisWave Analysis

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