DXY UP

Apr 12

this is the idea for dxy to new ath.

see previous idea that was correct

will post updates on targets based on daily, weekly or monthly charts.

So I don't try to post a perfect idea bottom like this

again and stop on a local gain loss

Apr 12

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decent probability this idea is posted at a local top

Apr 23

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Apr 24

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expecting another weekly rally up to the next levels of interest

Apr 26

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Looking for another measured move up as marked.

another move up, with a similar local low to what is developing now will send this to 110+

May 15

Trade closed: stop reached

no go.
wait for another time

May 15

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too busy getting drunked and stoned and I missed a basic tenet.
"new low lower than the low that sent it up. try again." (written for inverted chart, chart at bottom)

you see this visualized here.


regain the level, lose the level, reject the level.
simpliest entry is the rejection candle marked.

or more local price action/intra day time frame could be used to find the same thing. shown here in blue.



"new low lower than the low that sent it up. try again."(on inverted chart for down move)

exact same chart not inverted for reference


I'm uninterested in this unless we get another big move like the 99 to 105 move a while back.

May 15

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look for the same thing in these regions.

May 15

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the 1:1 trend based fib extension i charted on the way up then hid from my chart wound up being the level to make or break.

May 15

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chart is inverted.

one potential way, enter on regain of level
stop within range
target new high higher than failure.

May 15

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or you could have "bought the close" marked here (inverted chart)

and still had over 4 r:r

May 15

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DXY UP! but inverted. haha

continuation above mid range high probability to send back where it came from.
same as posted above but on a larger scale

May 15

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this is likely to be bound within the established range for quite a while as bettors and traders are enticed to positions.
going to start a youtube and talk about ideas on there.

May 15

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not inverted. the path would likely be level to level requiring retests and rejections for continuation to mid range to be tested

May 15

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this is building up for a nice upside pop, once it does go that will eclipse the 2023 Jun - Oct run from 99 - 107

May 17

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