-I will choose according to the analysis to buy -I will divide the risk in half to execute 2 entries (maximum risk 0.5% per trade)
Hi traders, it's my opinion on DXY in high timeframe . As you can see price pullback to Orderblock daily and shows signals that have potential to reach (DOL) zone . So until price is above 104.000 in daily time frame this signal would be confirmed. If price can break 104.000 zone strongly on high time frame and close below this zone this signal would be fail.
Looking at the higher time frame for the DXY. We can see order flow bullish in the mean time. After tapping in to the weekly OB(demand) we have been rallying higher ever since. The past two weeks we have been noticing a retracement on the DXY. Now the question is why? If you look to the left we see the in OCT 2023 the DXY had a massive sell-off after tapping to...
1.Dollar retested exactly from the Day trendline. 2.If this support line broken we may dollar free fall from 104 to 103 nearly thousand pips. 3.According weekly timeframe dollar is still bullish, for a confirmation it has to break the previous resistance and consolidation. 4.Both the supports and resistance need more volume to break. I hope upcoming weeks news...
It is expected that the index will fluctuate in the current support range and then according to the behavior of the index in the range of the support trend line, possible scenarios have been determined
Here is our detailed technical review for DXY. Time Frame: 5h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 104.420. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 104.977 level. P.S We determine...
DXY Trading Journal It seems likely that Price will take the equal lows this week as it gravitates to the 50% equilibrium level 103.868 range for the low target. I consider that Price could seek to rebalance my 4 hour IFVG and another noted 4 FVG at 105.383 for the weeks high target.
dxy analysis first probability double top sell appatunity very good trade chance for
The period from January to May 2024 has been marked by significant bearish sentiment due to multiple geopolitical events. The escalation of conflicts in Ukraine, increased US-China trade tensions, disruptions in the Red Sea, and heightened hostilities in the Middle East have collectively contributed to market instability. These events led to increased energy...
Every Sunday I break down the upcoming week. Give some insights and breakdown's in what some of the better trade ideas are going to be and some technical look into what the charts are telling us for a move. We breakdown DXY, US30, Gold, Oil and today just a couple forex pairs. best trending right now is weak CAD trade ideas. Also looking for some nice movement...
Bias is Bearish. After breaking the low, price pulled back to internal LQ at the -FVG. Reaching the CE, price was rejected and closed Fri within the range of the previous candle. The expectation is for price to continue lower, seeking external LQ at the Thurs low and potentially the swing low. Thank you for viewing! Leave any questions or comments in the...
Now, watch for dxy buy programs and enter on a buy setup. Of course, short EURUSD and GBPUSD
Scenario 01 : if the Federal Reserve raise interest rates : Probability of this to happend is lower in my opinion but could happend somehow 1. *Dixie (USD Index):* Typically, when interest rates rise, the value of the dollar strengthens. This is because higher interest rates attract foreign investment, increasing demand for the dollar. So, the Dixie would...
✅DXY is trading along the rising support line And as the index is going up now After the retest of the line I am expecting the price to keep growing To retest the supply levels above at 105.000 LONG🚀 ✅Like and subscribe to never miss a new idea!✅
the price respecting the premium arrays and am expecting a strong dollar targeting last weeks high
Monday 20th: 3 Gold Folders Tuesday 21st: 5 Gold Folders, 4 Red Wednesday 22nd: 5 Gold, 5 Red Thursday 23rd: 3 Gold, 9 Red Friday 24th: 6 Gold, 2 Red Many will cry themselves to sleep as stops get triggered on both sides as this week is a HECTIC week!
DXY is Bullish on HTF Another fantastic example of what i was trying to explain on EU weekly trade review. Now some might be wondering why EU surpassed an internal LH that was protected and DXY won't. Well my theory is simply, DXY is still forming internal structure as it has not taken any swing structure out so it would make more sense for DXY to respect...