Hi guys, Today you could buy gold on 2305 level with SL below the lowest price of previous week and TP1 is 2330 resistance level. Be careful we are in 4th wave of 3rd wave and we should both of the below 2280 and above of the 2340. I am waiting your opinion.
Notes are in the screenshot. Please refer to the link for the Sunday Weekly Forecast. FOMC tomorrow. Price could become very volatile and unpredictable. I do not recommend holding or entering trades before the news. We'll see how it goes tomorrow. I would like to see that old high swept between tomorrow and Friday. This would mean the bears would be all over...
Looking for an Internal to External move this week. Price is currently in a a +FVG, showing respect, and Friday's candle shows momentum towards the high of the previous week, which is the draw on liquidity. Watch for the short term down move before the move up. Wed's opposing candle should act as support, and send price the other way. LIKE, COMMENT or SUBSCRIBE...
Plan your trades and trade your plan. The weekly planning session is one of the most important things you can do as a trader. In this session, I analysed the Currency Index basket of the USD, EUR, GBP, CAD, CHF, AUD, NZD, and JPY. The strength lies with the USD, the rest are still in a confirmed downtrend.
Hi guys, DXY braked out the ascending channel on 4H time frame and start to a correction. We want to buy it on 103.2-103.5 level to a bigger increasing movement than previous until 107-108. So be hold to reach position point. It moves in a big channel on weekly timeframe. We show you Entry point, TP & SL on chart. We glad to see your comment below. Be successes
Hi guys, It seems that ascending channel on #EURUSD is breaking and we expect a C wave until 1.03 level. But before that it will probably go up until this channel (1.1level) and decrease until 1.065 after that 1.055 and finally 1.03-1.025. Share your opinion below.
Hi traders, We are watching a powerful ascending correction on usd-index or Dxy. So we will careful about CPI news this week and we could buy USD on 100.5-100 with the SL below the lowest price pf this week (2nd week of Jan2024) and our first target is 103-104. but main target is 108-109. We glad to see your opinion below this analysis. Be success.
Hello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. USD did broke up its downtrend line on higher timeframe and now still continue doing so. likely more upside to come. could be heading for 105 and 106. Do check out my stream video for the week to have more explanation in place. Do Like and Boost if you have learnt...
ello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. Usd did what it should be last week to hold and break higher. After a week of pullback is it on track to go down again?no crystal ball here..but will watch the price action and the avalanche of high impact news coming this coming wee! Do check out my stream video for...
A potential swing trade short has presented itself on the daily chart. DXY failed to closed above 103 and formed an inverted hammer on the daily chart, and its upper wick met resistance at the 38.2% Fibonacci level. Daily trading volumes also declined whilst prices rose gradually, against the prior (and more aggressive) leg lower. This suggest the -day rise is...
Hello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. USD broke lower from its recent range last week, hitting a potential demand zone at 102.50 with doji on daily. expecting some pullback before resumption of downtrend... Do check out my stream video for the week to have more explanation in place. Do Like and Boost if...
Last week was relatively quiet for TVC:DXY , with the price fluctuating within the support and resistance range. However, as detailed in a previous analysis, the odds favor a downward break. The index began the week poorly and is currently trading near confluence support once again. A break at this level, given the prolonged consolidation, is likely to...
Since the beginning of the year, the USD Index has risen 5% from its lowest point to its peak. However, trading USD pairs has proven to be quite challenging due to the choppy price action and significant volatility between support and resistance levels. Upon analyzing the chart, the upward movement appears staggered and resembles a rising wedge pattern. This...
DXY is respecting bullish FVGs, at least in the near term. I'll be looking for: Sell setups in EURUSD, GBPUSD, NZDUSD, AUDUSD. Buy setups in USDCAD, USDCHF.
USD Index is in an interesting position, and could go either way. Let the market tip it's hand on Monday, and then trade USD pairs! Check out my analysis and leave me a comment and/or feedback. I appreciate hearing from my viewers. May profits be upon you.
Yes, I did call for bearishness in the Weekly Outlook. And yes, the USD has moved bullishly since Tuesday. However, I did state that price would move up into the fair value gap, and from there, the bears would take over. Remember, I described an External to an Internal RUn on LQ. Price has moved from Discount to Premium prices. Currently, price is positioned...
May profits be upon you. DXY is now consolidating in between a bullish FVG and an bearish FVG. But it has been bearish, with downward momentum. I suspect it will continue this way, as price has found INTERNAL LQ in the bearish FVG, and is now seeking the EXTERNAL LQ at the lows. I believe the low at 100.320 is the DOL (Draw On Liquidity). Leave a comment, as I...
HELLO TRADERS Hope everyone is doing great a look at the calm before some Volatility in the form of some 🛑 folders from today DXY 1H CHART * The DXY has been range bound since the beginning of the week ahead of CPI & GDP among other releases. * Typical price action ahead of Big news realeases. * The US CPI might just provide that needed catalyst for some...