Hi Guys,
the above structure reflects my view of the US Dollar Index (DXY).
100SMA supported the bull run started in 2014. 350SMA supported the bearish impulse 12345 following Trump's election.
Structure since 2015 may be a wave 2 shaped as a bear flag that looks like a H&S with descending neckline.
Since Mid Nov'18 hights made by RSI are diverging with hights...
Hi Guys,
since week9 Gold be forming a distribution channel representing a bear rally before extending the correction.
Thank you for your support and for sharing your ideas.
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Disclaimer:
Please note that I am not a...
Before I begin, a big apology to my fellow traders as I did not post the analysis for Week 11. I was in one of the broker's annual dinner hosted in Malaysia and I did not have my laptop with me, thus I didn't present my analysis for week 12. But nonetheless, I traded and I hope all other traders profited from the up and down movement. So lets us dive into the...
Before I begin, a big apology to my fellow traders as I did not post the analysis for Week 11. I was in one of the broker's annual dinner hosted in Malaysia and I did not have my laptop with me, thus I didn't present my analysis for week 12. But nonetheless, I traded and I hope all other traders profited from the up and down movement. So lets us dive into the...
Before I begin, a big apology to my fellow traders as I did not post the analysis for Week 11. I was in one of the broker's annual dinner hosted in Malaysia and I did not have my laptop with me, thus I didn't present my analysis for week 12. But nonetheless, I traded and I hope all other traders profited from the up and down movement. So lets us dive into the...
Before I begin, a big apology to my fellow traders as I did not post the analysis for Week 11. I was in one of the broker's annual dinner hosted in Malaysia and I did not have my laptop with me, thus I didn't present my analysis for week 12. But nonetheless, I traded and I hope all other traders profited from the up and down movement. So lets us dive into the...
