I often talk about the power of looking over our trades for those highs and lows over time, not because we can not trade but because we can be dynamic. Well to put it simply, I am bullish on DXY this year but price failed to break above 105.00 and 104.000 respectively.. Price seem to be unfolding to bring about something beautiful on the chart, this might just...
MARKET PHASE TVC:DXY is in a weekly uptrend with a daily timeframe corrective structure taking place. AREA OF VALUE We can expect a buildup of liquidity (sell stops, shorts, stop losses) below the Feb 20, 2024 daily swing low. On the 4H timeframe, we are already seeing buying pressure taking place below the Feb 20, 2024 daily swing low. TRADE ...
Watch DXY tonight when pre trading opens. Rejection from here is possible but the MACD has th eroom to push it over that trend line and to turn it into support if the DXY Bulls decide to try it If they do, it will be very interesting to see if the Selling pressure takes over again. A Drop from here would be Good for Crypto...... One thing that Shows that...
Pair : DXY Index Description : Completed Impulsive Waves " 12345 " and " A " Corrective Waves Break of Structure Rising Wedge as an Corrective Pattern in Short Time Frame with the Breakout of the Lower Trend Line and Retracement RSI - Divergence
Dxy coming days-weeks is definitely going to break out of 100-107 range to the top of 114.. with a possible fakeout above 114. Warnings been given. Pin this if you want.
Given the time of the year, DXY is likely to keep a small range until FEb. Possible 104.5 - 105.0 by December END. Then Sells to begin the year toward 102 - 101.50 Not financial advice. These are my opinions.
Today's focus: USDX Pattern – Continuation (Bullish) Support – 103.65 Resistance – 103.96 Hi, traders; thanks for tuning in for today's update. Today, we are looking at USDX on the daily chart. Today, we are asking if the USDX will set off on a new continuation higher after posting further bullish price action. The worry is if we don't see a close above...
On the higher time frame, the DXY exhibits a bullish trend, characterized by recent retracement into the 50% level on the Fibonacci. As we delve into lower timeframes, our focus sharpens. Specifically, we are on the lookout for price to form a double bottom setup—a pattern that often signals a potential reversal. This setup involves a break below the previous...
hello guys iam here to share my idea about dxy index , please give your suggestion what do you think about dxy down or up ,? As a professional trader, I'm observing a potential short-term downtrend in the DXY index, targeting a decline of approximately 200 pips from 1.3600 to 1.1400. However, before initiating this downward move, I anticipate a retracement...
Pair : DXY Index Description : Rising Wedge as an Corrective Pattern in Short Time Frame with the Breakout of the Lower Trend Line and Retracement Break of Structure RSI - Divergence Completed " 12345 " Impulsive Waves and " A " Corrective Wave
I looking selling in dxy What do you think obout this Follow for more
DXY tecnical Analysis I am looking berish move on dxy Follow for more
Hello Traders! This is my idea related to the future movement of DXY H1. As we can see, the market is reacting from the resistance level, and at this moment, I'm looking for a bullish confirmation to execute a long entry. The perfect scenario would be to see a retracement until the OB that I mentioned and after that, to go bullish. In case of confirmation, I will...
HELLO FRIENDS!! As i can see DXY is creating a head and shoulder pattern this can be next move for DXY if US inflation data is good for $ Technically it is clear view for bull move till design levels friends it's just a trade idea we are looking forward for Ur thoughts in comment session it helps alote of other traders Stay Tuned for more updates.
Daily: In Daily TF, Bearish MSS has been Forming. If price closes above 103.785 Then we are going towards the D-SSL & LRLR-102.770 at least. Daily Bias: Bearish. In Hourly clearly bearish reversal has been confirmed.
- I want to see a bullish session targeting PDH. - I believe this is manipulation under MOP - London Judas swing.
As you can see the price consolidating for a while and we should see what happens next. By looking at the chart, we can figure out the price created the sell-side liquidity that formed as equal lows that can be smart money targets. In that case, I don't want to see the price go higher than the key level (107.675). In addition, there is the hourly bearish FVG...
Since the beginning of the year, the USD Index has risen 5% from its lowest point to its peak. However, trading USD pairs has proven to be quite challenging due to the choppy price action and significant volatility between support and resistance levels. Upon analyzing the chart, the upward movement appears staggered and resembles a rising wedge pattern. This...