Emvo10

Dollar chart beyond of any walls.

TVC:DXY   U.S. Dollar Index
To print, or to not print?

That's the question to resolve, if you want to succeed in different markets.
Many investors & traders focus onto indicators, bands or some chart structures like Harmonic patterns, economy overviews, data and personal opinions.
Everything what would help is useful. Especially at shorter time frames.
When I am looking from my view after decade, I see how markets are more/like about the Dollar, world reserve currency.
This is shaping SP500, Technology stocks, precious metals and also Crypto currencies, with usually limited supplies ( that better ones ).
They told about CBDC and crash of money. I agree, it will come quite soon.
To me in my mind, they will make some changes in digital behind that nobody will notice and that is reason USD will here.

You can monitor MACD, RSI or some others. However, It will gives you just an overview about the state of markets and can trick you into bull/bear traps or bad decisions from other people ideas.
Game of coincidence probably started yet. Yourtubes told you " there is magical support, which will hold forever.
Maybe you noticed even multiple times, how indicators are all to late and often in conflict in any major trend. Can stay overbought/oversold for long time and so on...

I can also confirm markets are often behaves irrationally.
Currency should also be pronounced like " Current sea".
So more you will speculate and look into fundamentals/events, probably more money will be spent on leverage, transactions and fees, which only dives yourself deeper into this local sea,
when only few will see some fair results of success ; )

So well, here I made my simple chart with targets to the future.
I know, it won't end up perfect and I even do not expect it to be 100%.
To be fair, I never tried to give any signals or disappoint people.

Always with care and ready,
Emvo.

*This is not any financial advice.



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