Dxy already hit tp1 and is now consolidating in a zone where it’s either creating a higher low (#2) of a bearish Elliot wave structure or expanding higher to break the range for its target of liquidity resting above the x and d legs of the harmonic Keeping eyes on it Correlation to keep In mind is: If Dxy bullish then Xxxusd pairs bearish USDxxx pairs...
Double bottom is the last confirmation of the descending triangle the we were followed by a floating bullish flag (secondary confirmation/not an initial confirmation to form new pattern), The breakout confirms our buys and nothing can stop us.
DXY - LONG look for the buy setups on DXY, very high chance to push up.. risk small and always use SL. V.Ragu
I’ve got the DXY going up which if it goes up will effect my GU and EU buys however I do have Ucad and UJ buys.
Below is DXY WEEKLY chart which is in clear bullish trend due to bullish orderflow and multiple supplies taken as liquidity. The year started very well for the dollar. And it looks like It might stay that way. But Why? 1. Well, if price mitigates this weekly Demand zone with imbalance and inducement, it will mean price has enough liquidity to target the old...
Everything aligns perfectly with fib, next stop ahead 108,5 (fib extension 162), next one 110,5 (fib extension 262) Good luck!
Head and shoulder with negative divergence on weekly RSI , clear sell signal will be formed once the channel carrying last shoulder is broken
hello traders how are you today? dxy is in a correction and it seems price has another bullish wave to fill the gap.
boost and follow for more❤️🔥 a recent fake out breakout past resistance zone, now sitting at a trend support.. I wont be surprised to see it slice through trend support and head down to 97-100 targets in the next few weeks or so 🎯
DXY looking good for more sell direction. All time frames are positive when it comes to sell direction. Market structure is clear no breaks yet to the upside! FIB show 50% pullback and drop on the 4 hour time frame.
🏃♂️DXY Index is moving near the 🟢 Support zone($104.27-$103.90) 🟢, and 200_SMA(Daily) and 100_SMA(Daily) , and the lower line of the ascending channel . 💡Also, the Morning Candlestick Pattern is clearly visible. 🌊According to the theory of Elliott waves , it seems that the DXY Index has completed the Double Three Correction(WXY) in the support zone...
Pair : DXY Index Description : Completed " 12345 " Impulsive Waves and " ABC " Corrective Waves Break of Structure RSI - Divergence Demand Zone Bullish Channel as an Corrective Pattern in Short Time Frame
Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX If you like the idea, do not forget to support with a like and follow. DXY NEW WAVE EXPECTED. 📚 👉As we can see price is still overall bullish trading inside this channel, Making clean higher highs and higher lows. 👉Moreover, price approached a massive zone, our rising trendline, lining up...
-I will choose according to the analysis to buy -I will divide the risk in half to execute 2 entries (maximum risk 0.5% per trade)
Hi traders, it's my opinion on DXY in high timeframe . As you can see price pullback to Orderblock daily and shows signals that have potential to reach (DOL) zone . So until price is above 104.000 in daily time frame this signal would be confirmed. If price can break 104.000 zone strongly on high time frame and close below this zone this signal would be fail.
Looking at the higher time frame for the DXY. We can see order flow bullish in the mean time. After tapping in to the weekly OB(demand) we have been rallying higher ever since. The past two weeks we have been noticing a retracement on the DXY. Now the question is why? If you look to the left we see the in OCT 2023 the DXY had a massive sell-off after tapping to...
1.Dollar retested exactly from the Day trendline. 2.If this support line broken we may dollar free fall from 104 to 103 nearly thousand pips. 3.According weekly timeframe dollar is still bullish, for a confirmation it has to break the previous resistance and consolidation. 4.Both the supports and resistance need more volume to break. I hope upcoming weeks news...
It is expected that the index will fluctuate in the current support range and then according to the behavior of the index in the range of the support trend line, possible scenarios have been determined