moorekapital

DXY: SEASONALITY IS AN AVERAGE, NOT A RULE.

TVC:DXY   U.S. Dollar Currency Index
85 3 11
STRUCTURE
MR1 seems convincingly BO. Price entered a TRADING RANGE PHASE, following TL BO .Additionally, trapped in "NO MAN'S LAND" ( in between MR1 and MS1), for weeks unending, I waited for BO, whichever way, to determine direction.

KEY ZONES

90.0000-92.5000
97.5000-100.0000
105.0000-106.7000

TIME@MODE
After 18-weeks mode , price disconnected from the common price. My time@mode suggests time expires on the vertical Aqua line.

SEASONALITY
Dollar Index             Dominant seasonal trends suggests that mid-November to late November often sees a rise, and Late December is a bearish time for the index.
Now, with talks of FED rate hike in December, coupled with the above technicals, looks we're going to see the unusual this year ending.
Seasonality is an average, not a rule. In any given year, price can deviate from the seasonal tendency and traders shouldn't fight it. ;)


MooreKapital

Building Stable Wealth In An Extremely Patient Style

PAMM Link for investments to be announced soon.
Thank you for sharing
Reply
the upper red resistance zone, target
+1 Reply
moorekapital jangseohee
Most certainly.
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out