🌪️ DXY Dollar Index – Ready to Drop Like a Hot Potato? 💸
Hey traders! 🎯
The DXY (U.S. Dollar Index) is dancing inside a falling wedge 🔻, and it just hit the top of the party zone (red box 🎁).
📍 We're watching for a bounce up to this red zone near 98.151–98.299, then expecting a big slide down like a rollercoaster 🎢 toward:
🎯 Target 1: 97.907
🎯 Target 2: 97.650
🛑 Stop if it jumps over: 98.299
🌀 Pattern: Ending Diagonal / Wave 5 Setup
🧠 Logic: Smart money might be setting up the final wave before a major fall. Let it pop, then drop!
💡 It’s like the last spark before the fireworks go out 🎆
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#DXY #USDIndex #ForexTrading #Wave5 #PriceAction #ChartPattern #SimpleTrading #DollarDrop
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.