Hello traders, 4-hour timeframe dollar index
, this analysis was prepared in 4-hour timeframe, but I published it for a better view in 8-hour timeframe. Considering the movement of the dollar index
in wave 5 today, the c of this flat is completing the first Fibo PRZ of 0.88 because it is one of the harmonic pattern
If you pass that area, Fibo 1.27 is a great PRZ area.
According to the economic news, I expect a higher rise, but I expect a strong reaction at Fibo 0.78.
🙏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!❤️