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illuminating_trade
Mar 20, 2023 11:10 AM

bullish outlook for dxy Long

TVC:DXY1W
U.S. Dollar Currency IndexTVC

Description

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dxy looks getting stronger.

Banking system's erros is big issue thesedays.

Some banks in Hongkong are suffering with higher interest rate and debt.

I was thinking that SVB was not a big deal.

But many banks are suffering like a domino.

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dollar is showing the dangerous move today.

Becareful with the market

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bullish for dollar

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If the dollar reaches to my target. It means economy is ruined

Comment

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Dollar is with the bull power

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I am super bullish with dollars

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I am extremely bullish with dollar

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The bull probably starts beginning of April.

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I am bullsih with dollar how much distorted clowns are saying.

There is nothing to eat from btc also. I already took a profit with btc until 28k. I don't see 30k. I am bearish for stock and crypto market.

Stupid people buy when I short. and sell when I buy :)

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I am very much bullish wiht dollar index.
Dollar is gainning power and force.

This is bad for markets.

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still bullish is valid

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strong dollar view is same as usual

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patience is the perfect key
Trend AnalysisHarmonic PatternsChart PatternsDXYdollardollarindex
Comments
thecryer
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wrong mate. but respect ur view.
illuminating_trade
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@thecryer, wrong?! what is wrong? Dollar is going up mate. and this is weekly candles analysis so we have to watch minimum a month to view
thecryer
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@danta_master, up Timeframe bro. u will get more hints. just my view anyway. cheers mate!
illuminating_trade
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@thecryer, yup cheers! you too have a good day
jake1fx
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@danta_master brother just from fundamentals dollar can not go way up anymore :/ few jumps but this goin wqy down, last ruse hikes is same like the one before - priced in.. last one, then we stabilize, means countries leaving dollar, plus the yuan thing .. thats suicide, but have a green one mate
thecryer
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@quickodicko, 100% right.
jake1fx
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Even all the predictions and predicting very, very hard dump through april.. its not like 30% up 70% down, its more about how down it will go, im just saying what i catch up from scanning web
thecryer
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@quickodicko, if DXY goes too high. it will compress all countries money/transactions/exports/imports/etc, then they will just leave trading it. u got it.
jake1fx
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@thecryer i still hope for up move in few hours, im in small risk short 😂😂 have a great one guys (gimme likes please, i want chat haha)
CuzDelux
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@quickodicko, Short term, like through mid April, Dxy will rise in an ABC, but might only reach 103-105...maybe even 107, but then it will spend the rest of the year getting down to low low 90s, to test 89.624. IF it does not breach 89.624, then over the next 40 years it could go to the 2-300s. Yes, that is right, so OP is probably right, long term and short term, but mid term, Holding DXY is suicide. Still! I am long on DXY, right now through mid-April, maybe into early May and I think we get a run up to 103-107.
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