DXY Potential pullback and fall to supportWelcome back! Let me know your thoughts in the comments!
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Dxyshort!!!!!!!!!!!!!
a massive drop for USD / shortSo as you know the Federal Reserve is increasing the interest rate to control the inflation but how long it can last and one day that's not going to work anymore and in that day a really massive drop will happen to the US dollars and I'm not telling you to get shorts on US Dollars even but I'm telling you to get Long's on the gold because in that day gold is going to fly
anyway I going to share some ideas about gold for you soon
DXY Showing Signs Of A Trend Reversal?Happy Friday all. DXY, printing a right angled triangle, and the ROC printing a clear triangle. If DXY continues lower below triangle support, target could be 104, and this should send cryptos and currencies higher over the weekend. Triangle could indicate a resistance breakout too however, where target would be nearer 119.
dxythe dollar has been real nice to use had a pull back then broke the high came back retested that bullish orderblock and starting to push towards tp1 we also had a internal break of structure so bulls have a little power the downside is i dont see a higher low just yet and new session about to start lets see what happens with dxy
DXY - Diamonds Are ForeverDXY next week... A diamond pattern in the making? I think Yes!!!
Definition:
Diamond Pattern
A diamond top formation is a technical analysis pattern that often occurs at, or near, market tops and can signal a reversal of an uptrend. It is so named because the trendlines connecting the peaks and troughs carved out by the security's price action form the shape of a diamond.
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dxy where is the dollar going!if that low holds and we get a higher low i beleiev a nice dollar push up will happen might not last to long but this would be a pull back b4 the next leg down which would explain the gold drop nu drop au drop and indices might be next keep eye on this it will tell you the overall story of all dollar pairs