It's cooking!
I was on a lookout for a continued run on sell stops going into this week but we ended up rangebound.
Analysing the 1-hourly timeframe, buystops look like dear in the headlights with a possible 104.40 being a zone that bulls could step in and defend.
My philosophy is simple...
Fortify Michael J Huddlestone's concepts that I have studied to...
A & B Both have the possibilities to enhance him self but the basic principles will be the same
-For A we have a Liquidity void above so may be retace and then come to down side
-For B Scenario the liquidity underneath is taken first the retrace to Order block
-Over all Bearish on DXY
This is my analysis on the Dollar Index.
It seems to me that DXY is finally ready to move lower, at least in the short-term. The seasonality of the DXY peaks about now and weakens all the way until the start of May. Whilst this is not the core of the analysis, it helps add more confluence.
Price-wise, I notice that last week's high took out the bodies of the...
Hi traders, if you look closely at EU, a similar pattern has been formed on the $ and I can assure you that as we go bearish, there will be patterns created in between structure as price drops. Tune in for more weekly predictions and hit the thumbs up button and follow for more!
Dollar Index is coiling around a solid rising trend line.
We can see a nice consolidation on a 4H time frame.
To buy the market with a confirmation,
look for a bulilsh breakout of 104.3 resistance.
4H candle close above that will confirm a violation.
A bullish continuation will be anticipated then at least to 104.65
Alternatively, a bearish breakout of a...
Hey Traders, in today's trading session we are monitoring DXY for a buying opportunity around 103.700 zone, DXY is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 103.700 support and resistance area.
Trade safe, Joe.
Here is a view of my forcast with the Ichimoku overly. (Notice at the right of the chart, in the shaded circle, the beginning of the upward trend in the green Kumo.
For my weekly FUTURES Analysis I employ ICT Price Action Concepts. I utilize the Ichimoku Indicator for my Retracement Levels and to manage my Intraday FUTURES trades throughout the trading session.
Using concepts founded by ICT (The Inner Circle Trader) and my overlay using the Ichimoku Indicator, I am forecasting a Bullish Dollar for the month of March. Analysis of the Dollar is important; it being the default World Currency, having and idea of its movement will aid in your trading decisions.
Bitcoin won't hold, home prices get dirt cheap, land for sale.
Will Monday be bloody?
Sold everything.
The great reset could be on the doorstep.
NOT FINANCIAL ADVICE!!!
hello everyone, at this point you must wait for DXY to breakout, there is alot of mix up with the fundamentals causing manipulation in market... however, the overall direction of DXY is still bullish...
For bearish confirmation the price need to break below 103.4
For bullish confirmation the price need to break above 104.45
We are anticipating the release of High Impact News today, which is expected to significantly impact the dollar. With this in mind, I maintain an overall bullish outlook on the dollar. However, before this bullish momentum unfolds, I anticipate a series of market movements.
Initially, I foresee a draw towards filling the liquidity void left by yesterday's...
1) Looking at it during London Session
I was expecting the Daily Candle to close out the "FVG".
Then Pull back and go Higher.
2) Look at it now, price has done that. With the many +OB below.
I am expecting price to retrace.
I usually like to reference to DXY. DXY has REH which price is very near now.
3) With news coming at 10am, I am not sure of the Bias....
