DXY has left the LAUNCHPAD and is unlikely to return home until its surpassed 160!
From the chart we can see that DXY has...
- Emerged from the falling wedge with a measured move target of +72, taking us upto 160 OR BEYOND
- Has retested the falling wedge trend line and created a double bottom support
- DXY has performed these feats before (1980-1985) and is...
Not an expert. Not financial advice.
Still learning & have never used this indicator before, but it looks like it’s been pretty accurate recently.
Is this analysis accurate?
This fantastic parabolic ascending on BTC/USD is simply of text-book quality. In this analysis I will walk you through the narrative of how this parabola was formed. I will show to you in retrospect the things we can learn from the price behavior at that time, so that we can take lessons from it and recognize such a pattern more quickly in the...
Hello Traders,
Today’s chart will be on ZRX/BTC which may be putting in a local top that is accompanied with a potential bearish divergence. ZRX has risen in a parabolic manner a correction or consolidation is highly probable.
Points to consider,
- Strong bull trend on 4 hr timeframe
- Price tested structural resistance (fake out)
- Local support between .50...
