Dear All, I Believe we are going one more wave higher. Please consider your SL and risk management. Best Regards
Dear All, Once again we reach to our good area to short! always consider your SL and Risk Management. Best Regards
During the DXY run-up this past year, I noticed repeated ascending scallop patterns that were continually validated by breakouts. These were often on the 5 to 15 min timeframe, but If you look at the ascent even on the hourly chart, you'll notice the pattern reveals itself repeatedly. If you're a believer in using fractals in your trading strategy, you won't be...
DXY. The dollar index fell to 104.60, we marked this level as important in our priority option. The fall on DXY has ended or is almost over, the rise towards 108-109.50 looks the most likely. A price drop below 104.60 could bring the Dollar index to 101.56, which is a critical point for an upside sc
using a pitchfork i can see DXY is trading in the lower boundaries and it has come on a discounted level USD sellers should watch out
DXY chart analysis | 3 december 2022 as per my analysis dxy looking bearish and two most important zone where dxy bounce back 1. 104 2.101.5 MAYBE SECOND TARGET WILL HIT JAN 2024 SO DO NOT SELL IN GBPUSD EURUSD XAUUSD
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
When we look at the gold price chart in the weekly time frame, we see that the price is in a range where the valid Fibonacci retracement percentage is in the range of 38.2% compared to the previous downward wave (wave 1)! On the other hand, if we pay more attention, we will see that this range is just below the diagonal line, which we know as a valid broken...
In the weekly time frame,The dollar index is on the 38.2% Fibonacci retracement range, while the main wave is on the way to touching the channel ceiling!
This resistance line is in place since all the way back in January '22. The moment we break this I am expecting a massive relief rally for the SPX500. And if the DXY falls more this will give it even more fuel to make a good upwards move. If the SPX500 breaks we could see the Bitcoin price go up as well. The break would ne around 4115 ish (Dec 5) Trade safe!
The US dollar's previous bullish momentum met monthly resistance at the all-time high price of 114.750. Since then price action has been making lower lows and lower highs followed by a massive sell-off toward the support zone around 105.300. However, there is a rejection of lower prices at this support zone. This hypothesis can be validated by the double bottom...
Hello dear fellows , In todays session i might trade in USDCAD , as we saw yesterday it played v well against CAD , and chances are CAD might remain under pressure . we got nice discount in early Asian session . Risk is pretty affordable . Trade with risk Management . Best of Luck !
Hey traders, here is the analysis for the USD. If you guys like my analysis please hit like👍 and follow. Thanks. DISCLAIMER:- This is not financial advice.
DXY. Our preferable scenario remains the same. The fall in DXY has ended or is almost over. The rise in DXY should lead to the first intermediate target at 109.50. We do not rule out that DXY may fall to 101.56, if it falls below this mark, the growth scenario becomes jeopardized.
- After the previous bullish momentum price eventually met monthly resistance. -Price then began making Lower Highs and Lower Lows, before the huge sell off. -Price then found support at the weekly support/demand zone and formed a double bottom (bullish reversal pattern) -I expect price to either met resistance at the neckline or perform a break and retest. - A...
HELLO DEAR TRADERS I think we have currently created a short-term bottom on DXY and we need to go retest the zone of interest US PPI release yesterday was lower than expected and these numbers did not help us at all. Dollar takes another hit. We will see how the FED reacts in mid-December to the positive feedback from the economy due to the increase in interest...
TRADERS WELCOME AGAIN TO MY SHORT BREAKDOWN If bears today holds the price down from that marked zone on the chart around 16.900$ - 17.150$ we can go slowly lower, of course only if DXY dont will dumps again, dollar must gain some strenght for this move on BTC DXY FROM 6PM ONLY IF DXY HOLD THIS MARKED LEVEL AROUND 106.500, i think btc will meltdown...