Mr_J__fx

$DXY -Over Extended Yet !!!

Short
Mr_J__fx Updated   
TVC:DXY   U.S. Dollar Index
$DXY has started the Week Raging High, putting $GBD at 4 Decades Low!
However, the Daily Candlestick still needs confirmation, but currently it is creating a serious Wick Rejection.

Ironic, to say the least !
With the Death of Queen, came the Death of Pound
That of course, after Poor $EUR first, European Union which is uncertain for the Winter to come.
And on that note, Go Russia $RUB ... because to me, the strengthening of $DXY comes soly alone from Fed's Tightening, vaccuming out some dirty dollars.
Their Game of this Speculative Mirage Monopoly they have created and enslaved 99 % percenters.


SHORT CALL on SHORT TERM ,,, correction for $DXY before going to 125 !?
Watch for LONG Opportunities for the majority of Financial Markets during this week



TRADE SAFE !


* Check out the linked related ideas to make sense of the Chart Legend or use IG posts as a fast-route


Comment:
117 and 120 are Key Levels since inception (green dotted lines)
Trade active:

$DXY coming at 3.618 fibb resistance at 114.861,
finding it as a Resistance area may be ?

If not 117-125 zone is very Likely as a Target

TRADE SAFE !
Comment:

*LIVE
-Facing Resistance at 3.618 Fibb Level
Comment:

Drops continues for $DXY
Post Rejection of 3.618
Comment:

111-110 provide lots of Support for $DXY in short term.
Comment:

$DXY bouncing of 110 support
Comment:

109.1 coming as Support for $DXY
Confluence with White Trendline Uptrend
Comment:

$DXY breaking down the bullish flag pattern.
Next look for support at 200EMA on the Daily TF (105.5)

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