$DXY - Close up 1HR Downtrend

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-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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Nota
istantanea
Nota
istantanea

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.
Nota
istantanea

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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