the 1hr dxy is still bullish and creating hh and hl right at that last bullish ob if 103.800 level is one to watch and also the last higher high level watch it as well dxy still looking bullish to me
The $DXY just rejected off of a 600-day resistance, as expected. This rejection should initiate a violent move up in stocks and crypto. Here's the trend lasting approximately 600 days, with multiple touch points. And here's the initial break of the rejection. More on this during today's show. Link in signature...
DXY intraday trading alert 3 simple steps to find a quality setup ! Risk Reward Ratio 1: 2 Anyone same idea with me? SELL DXY Good luck traders..
Confirmation • Buy side liquidity taken out ✔️ • Break in Market structure ✔️ Entry • At Fair Value Gap ✔️ • At Premium ✔️ • Above midnight open ✔️ Target • Around 103.300🎯
As I mentioned in the previous analysis, the dollar moved towards the specified areas with the release of the CPI news...and according to the analysis, it started its down movement.
I have a bearish view on the dollar index from specified levels
After given breakout from the parallel bearish channel, DXY has found it self in heavy waters as it struggles to close above MA50 and subsequent horizontal resistance line. It is likely that DXY will retest lower support lines as hidden bearish divergence is also evident.
This is just An IDEA . In DXY H1 Timeframe have ABCD BEARISH Pattern GREEN LINES are Targets for TP. Have GREAT DAYS IN week.
information shared is for educational and demo purposed only, trading is risky and you can loose 100% of your trading capital
Im expecting 103.735 for sell side..This is only reaccumulation of dollar index. Buy side 101 for SMC traders. Trade base on your own decissions. Come and check me out for more.
dxy sell signal It is located in the range of the ceiling of the descending channel and it seems that it will fall to the bottom of the channel after reaching the limit of losses
US Dollars TVC:DXY is back at the resistance trendline, after some momentum move in the past few days. I expect a rejection at this level which would bring the price down. However if price breaks through the resistance and closes above the trendline, i will conclude that the downtrend season is over and price will continue rally to the upside. But my bias is...
the EURO is in uptrend and we have 50% correction from last wave so we will long EURUSD at current price SL 1.06 TP 1.12 Good luck traders
The weekly close was very bullish, this is my first target next week. I am targeting the daily FVG and equilibrium of the FVG. My long-term play is the weekly volume imbalance as it has been for a few weeks but it may take months to play out.
DXY is due to test the recent broken support and continue downwards to 98 support
One can only assume a trend continues until it doesn't. After the dixie ran the lows I therefore am expecting a bearish retest. A support held above retest zone should lead to continuation of bullish price action. I am targetting the 97 levels as support.
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