DXY create higher high & lower high; bearish divergence pattern. in technical view dxy need a correction. I also see another view of dxy; dxy create bearish butterfly pattern.
Trade Idea: Selling DXY Reasoning: At key long term resistance, looking for a temporary move down Entry Level: 105.54 Take Profit Level: 104.66 Stop Loss: 105.860 Risk/Reward: 2.751 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in...
re test again usd and ready for dump divergence in rsi green candle no momentum for cover red candle
ICT ATM METHOD!!! short term high ran and rejection giving you the confirmation of the short, well look for this to reject inside the ob 104.900 and take out the local lows liquidity 103.400. Price reaches the low ob+fvg 102.650 prior to running the sell side liquidity well monitor this for a potential area where we see a rejection (pray this doesn't happen) and...
Considering the divergence and performing 5 ascending waves, we can boldly say that the ascent has stopped for a period of several months! And we expect price increases in high-risk markets, including stocks and cryptocurrencies
#DXY has hit the strong resistance of 103 where a strong rejection candle is in formation. For above 103, the bullish parallel channel will be active, and the upside target of 115 will be insight. But this 103 level has not crossed since 2002. For below 103, a correction is due till 99 or maybe more than that. On a daily timeframe, there is bearish...
USD index likely bto fall to the zone around 102.603 or a little below it with respect to the fibonacci pattern 50>>70% which aligns perfectly with the zones and chart as seen respected 50% and so our next target is 70% whichb is a zonne and also has liquidity to be taken out
This is not financial advice. This is for only my private trade plan. If you have follow at your own risk.
Expecting bearish price action on DXY on a short-term basis as pprice rejected a bearish orderblock on the H1, and shifted the market strucutre on the H1 from bullish into bearish. From a medium-long term perspective i am still bullish on the DXY. What do you think ? Comment below.
I'm bullish USD for quite some time and my 103-104 zone target was just hit. Although I will remain bullish in the long term, at this moment I believe a correction will follow. Looking at the monthly posted chart we can see that DXY is trading in a very strong resistance zone, market by 2017 and 2020 highs. That being said, a drop to 100 is very probable for the index.
I'll keep it short and simple. Overextended rally in DXY adding up to bearish divergence in RSI and similar fractals are indicating a rejection at the current level. Rising wedge channels are normally bearish in nature. A reversal candle will trigger the move and eventually, the traditional market will move along with Crypto Market. The index must close below the...
Expecting bearish price action on DXY on a short-term perspective as price should fill the huge bullish imbalance that was formed on friday due fundamental reasons, there is also a possibility that price will take out weekly highs liquidity and then quickly reverse to the downside. This perspective is only on a LTF basis, from a HTF perspective DXY is very...
I suppose third wave has probably started in DXY. Pay attention, I have closed USDJPY longs because it is going to fall dramatically if this setup is true. Good trades to everyone and a Happy New Year. :)
Don't buy at the top and don't sell at the bottom.
📉 Expecting short-term shorts on the DXY from this area as price takes out liquidity above the 100$ institutional figure + weekly highs area. VIX should go down STOCKS should go up from a technial perspective meaning DXY has a high probabilty to go down, be mindfull that this in only SHORT-TERM ANALYSIS on the DXY as i am bullish on a mid-long term...
📉 Expecting bearish price action on DXY after price made the breakout from the monthly range, right now we saw a draw on liquidity above 100$ level. From a mid-long term perspective DXY aka USD is very very bullish but from a sohrt term perspective we can catch a risk counter-trend trade from this area right into bearish POI's. 99.000 final targets What do you...
Dxy touched 100$ as i told in the previous posts, we broke the monthly range area and i think new highs are expected on DXY. Strong USD after the FOMC meeting. What do you think ? Comment below..
as we can see SMT is creating between both pair EURUSD is taken out Pre Week high as well, where DXY is still failed to break, once i will got entry i will post in below comment