Trade ideas
No trade this week.I do not have a trade this week, I am currently traveling and by me providing trades at this time will not be of the highest quality.
I will see if there are more opportunities next week to post.
USD Bullish trend... entry/ value at retracement Trade entry on completion of the fractal setup has provided some initial profit at the 1.618 fibo extension... position is now neutral and there is no value in buying up here as it presents no real value and stops may quickly be triggered. Wait for the retracement down to the now support area before trade entry and look to take profit on the full extension.
Any questions please DM. Cheers!
Going up? I do not think soOur green friend is very close to an important support and I find it hard to believe that he will move without visiting ... what is this baby going to do?
USD goes bullish?USD looks quite interesting in terms of bullish movement.
By the way we have a trend-line from 2011 which gives a good support zone.
At the same time, the last bearish tendency can form something new under this 7-year trend-line.
So, we get ready for it.
USDOLLAR's exchange rate reached the end of the adjustment levelUSDOLLAR's exchange rate reached the end of the adjustment level. This level is 11606. I expect a rise from this level. The rise height may be equal to the size of the previous wave (0A). If the idea is correct, the primary target price is 11865.
Possible Cypher Pattern on the Dollar indexpossible Cypher Pattern on the USDOLLAR Index. looks to begin his second push to the upside then retracing back to structure. Also continuation retracement level at the .382. Also Possible .2618.
USDOLLAR Short 450 Pips OpportunityUSDDOLLAR is in a short trend from the looks of the Weekly and Monthly chart. If the current support level is broken, then we can expect it to go down 400 pips+ below until next support.
Depending on the price where you sell, do attention to your SL.
This is a good move to keep an eye on.
DXY BEARSIH PENNANTcan see i possible bearish pennant forming on the daily. wait for a break below for entry
Be careful of this symmetrical triangleScenario very likely of this exit from the bottom of a symmetrical triangle which follows a downward trend.
Short to follow so in case of validation
US index Head&Shoulders formation on 4h chart Possible move to 11,520, which is the next mayor supply zone for a down movement.
US DOLLAR has reached the 11609 level...US DOLLAR has reached the 11609 level. I expect an increase from this level. The target price of the rise is 11760.
