As the dollar has been consolidating in the past week, opportunities near the current price are limited. However, my nearest Point of Interest (POI) is a supply zone on the 14-hour chart. I am looking to capitalize on this by selling to continue the bearish trend observed in the dollar index. I'll be patiently waiting for a breakout from this range, aiming to fill...
We are approaching a nice Weekly DEMAND/BUY zone which starts around 109.2 which is a previous swing high in the current trend that will likely form some sort of support and is a good area to go LONG again I will be looking for my indicator to give me a signal on TFs above the 4hr to daily around these levels.
If this trade happens I expect a run back up to...
DXY is close to a premium array (-OB)
Dollar Price is Bearish Long Term. The Open of the OB (116.457) would be ideal to expect the sell come in...
Confirmation is vital in my trading so won't just enter straight away.
I will post another idea for the sell entry.
This is just to call y'all attention to what I see on DXY.
If the sell does come in then the First...
In this situation DXY chart Bearish Harmonic pattern .
So, market need to seems SELL correction at 109.327 or 108.500 support
level. Then Market fully BUY to 109.900 ; 110.240 & 110.500 resistance level.
AronnoFX will not accept any liability for loss or damage as a result of
reliance on the information contained within this channel including
data, quotes,...
In this situation DXY chart Hopefully create Elliott wave.
So, market need seems to SELL correction at 107.700 support
zone. Then Market fully BUY to 109.300 resistance level.
AronnoFX will not accept any liability for loss or damage as a result of
reliance on the information contained within this channel including
data, quotes, charts and...
DXY - Daily - Price action calling for a deep correction on dollar index and across all US major pairs. I see a 150-200 pips pullback on DXY before a continuation of the bullish trend on dollar weekly.
DXY // USDINDEX // USD // DOLLAR
Sell Setup
Continuation trade:
📰 We have seen a fakeout above 93.400, which has trapped MANY traders last week. I have emphasised many times that fundamentally this won't be long when the dollar resumes its bearishness due to the FED and tapering news. And clearly was brought to light on Friday.
👉🏻 As mentioned that 93.000 was...
Dollar Index - Weekly chart - After patiently waiting ( for monthss!!) for dollar index to rally into the weekly supply zone for a reversal, we have now reached this point and can anticipate a share reversal/decline for dollar in the coming weeks to months.
![DXY: [DXY W1 Sept 2021]](https://s3.tradingview.com/u/UPvmJ7pK_mid.png "[DXY W1 Sept 2021]")
