We are nearing profit level 97.98. We have been short @ 99.03 and unfortunately we could not add on higher prices as it was not seen. The profit level is still @ 97.98 for now. For new trade, if one wishes, can SELL 98.70 98.80 range for now with same profit objective and add on an increase 99.50 when seen.
We have a double top on DXY and it shows that we may see corrective action. Strategy SELL 99.00-99.10, but since yesterday you might already be. Add further 99.50. Profit order @ 96.98 for now.
We are starting to see double top, and since we have corrected from lower levels, I feel a sell strategy may be the right way to go. For now, we are within the top of the range. Strategy is therefore, SELL current 99.00-99.10 and add further @ 99.30-99.60 range. Bear in mind no aggressive stance here. Profit order for now @ 97.98. No stop-loss I feel, but if...
I took back on the order @ 98.17 for those shorts I had in the 98.60 and 99.10 and above slightly... so for now its fine. I suspect we may see it move higher first, but I prefer the sell side. Strategy SELL 98.60-98.80 and sell further @ 99.20 again. I feel we may see lower 97.37 for now as a profit objective.
No change in view. The market has gone from the suggested sell 98.50-98.60 to go even beyond the suggested adding of position at 98.90-99.00. As long you carefully leverage the market condition is the same and it's overdone on the upside. Strategy is to add further (small leverage of course) at current 99.10 and change profit order to 98.17 since the average...
We had a stop @ 98.37 on the short around 98.00 (if committed). For now, I suggest still SELL at current 98.50-98.60 and add 98.90-99.00 for now. Profit order @ 97.76.
The chart starts looking running out of steam a little. The DC is flat and likely we may see resistance @ 98.00. I feel we may SELL 97.85-98.00 for a correction back to 96.98. Stop-loss @ 98.37 for now.
0.61 5-i=99.18 0.78 5-i=108.4 butterfly harmonic pattern: X=68.29 3-4=0.78 X-3 4-5=0.88 3-4 0.61 5-i=99.18 0.78 5-i=108.4 0.78 4-5=85.85 0.88 4-5=82.23 0.78 X-3=78.34 0.88 X-3=73.47 1.6 4-5=60 1.27 X-3=57.35 1.6 X-3=2.24 4-5=45.9
We are above the Ichimoku cloud, which may move higher in the coming weeks. However, short-term it feels we are overextended and a move back is possible. The stochastic is on high side, and RSI is overbought but not extreme. I suggest a careful SELL approach at current 97.20-97.30 for correction back to 96.65. The support at 96.23 will be strong. Stop-loss...
Hello traders. In the dollar index, I expect the price to drop to $ 94.5 in the first stage and $ 93.2 in the second stage after breaking the $ 95.4 level. Are you agree?
We have reach our sell level 95.70-95.90 and for now we keep stop-loss at 96.27. It is expected that we will start a decline back towards 94.27 with first stop 94.67 once again.
We are ranging and the 96.15 cloud resistance will likely be respected. We should re-attempt the lows 94.67, but we have cloud support 95.15 as well. The stochastic is negative, and the MACD is negative but turning positive (if we would moved beyond 95.85). For now, sell between 95.70-95.90 and keep stop-loss 96.27 and profit at 94.85
Profit taking was slightly early at 95.30, but ok it worked. I felt the run, and pattern looked a bit confusing. Now looking at 4-hourly chart, we start seeing tpping 95.85 and next resistance based on cloud top next to our current is around 96.01. The RSI is little bit overbought, but not extremely, and the stochastic is likely to turn positive. I still feel...
Here is my view for DXY on H1. The price should go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
We are becoming negative on DXY, which supports the bullish AUDUSD and BEARISH USDTRY idea. The strategy is SELL current 96.10-96.15 for a move to low 95.00s short-term and even lower. The stop-loss should be placed 96.85 for now and profit 95.17.
To survive in the most difficult market and enjoy life recommendations 1.- Risk Management 1-2% capital per operation 2.- Be patient 3.- Partial profit taking We are at an ideal point to trade DXY Take its last push before its fall and thus be able to buy in the best areas, so we hope that this graph will also generate good opportunities. As you can see in...
We are nearing trend line support 95.92 and the MA 10 vs MA 30 is starting to go negative. The pattern is also a double top as well, so my best guess is we go south towards 95.17 short-term.