We see a continuation pattern developing on this pair, bullish flag, we wait for a breakout of the falling wedge, the when we get a buy setup, we enter.
this pair is bearish, we are going to trade a pullback in preparing for our continuation trade to the bottom. the pair is currently testing monthly support, the pair might push further down to go get liquidity and to test the trendline before pushing up, we wait for a buy setup in the early part of next week.
inverse head and shoulder, currently testing the neckline, we are trading a pullback, in preparation for our shot position.
We are in a short term bearish move, after that we are expecting Bulls to take control again and push the dollar index to higher levels.
daily resistance, rising wedge, bearish structure, upper bound of the on the falling channel, bearish trendline, testing the 50% level on the rsi... all this confluence have led me to take a short position.
Technically and according to Market structure, it broke out of a falling channel the pair is bullish, impulse to the upside, then pullback, I'll wait for a confirmation before i pull the trigger, two take profit level, with an opportunity for a second entry... remember risk management.
DXY is forming a bullish flag, possible to break the 4hr structure to the downside to trap sellers before showing signs of going up.
DXY testing upper bound of the channel, and is on a strong weekly and daily resistance, a pullback is expected, it might melt immediately after market open, or we can get a push up first, then melt.
We wait for a sell opportunity on this pair early next week, price approaching the upper TL, when it touches the upper bound of the channel, we'll monitor price action, if we get a sell confirmation then we'll sell.
Pair testing the bottom of the channel, strong support, price might reverse to the upside.
Price bounced on the upper TL, formed a head and shoulder, confirmation will be the break of the neckline, 3 possible targets on the way down.
sell at break of structure, price approaching a very strong resistance level.
if you are trading crypto, possible long opportunity on the Shiba, current price very low, buying this crypto for $100 will give you more than 4 million coins.... don't say I never tipped when the price reaches $1 dollar....
The pair is currently on testing support, possible upward movement might happen.
I'm expecting this pair to retrace at least 50% of friday's daily candle before continuing to the downside.
I believe the could be our next moves on this pair...
We can trade both moves, fist the correction as a scalp, then the next impulse move....