DXY
DXYDear traders,
As I have been accustomed to in recent months and this time my technical analysis had an accuracy rate of over 95% and I will try to continue to keep this percentage as long as possible
as I said on last weeks ... as I said last week DXY rejected and closed in the area 91,900 but below the value of FIBONACCI 618!
in the next period DXY is in a very difficult area and I will look for BUY if it closes even for a day over Fibonacci 618 to Fibonacci 786 and I will look for SELL again for a possible closing below 9130!
anyway ... closing for a month is decisive but I will bet more on BUY because W's formed on the 1 month chart!
THIS WEEK...as I said last week ... a closure even for 1 day over Fibonacci 618 means BUY to Fibonacci 786 as he did and where he rejected!
in the next period I will continue to look for BUY until area 93400-94 but a closure even for 1 day under Fibonacci 618 (91941) forces me to think again about SELLpana in area 91480 or even below ....
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*This information is not a Financial Advice.
DXY : WHAT IF YOUR MOOD! Note:
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dxy looking bullishHello guys i had find this setup in 4h timeframe which is taken support at trendline and also broken descending trendline and might go and test above channel so we have a good opportunity to go for buying setup in usd pairs and also plzz do your own analysis before taking any trading decision if you like my analysis hit like and do share and follow me for more charts thank you
DXYDear traders,
As I have been accustomed to in recent months and this time my technical analysis had an accuracy rate of over 95% and I will try to continue to keep this percentage as long as possible
as I said on last weeks ... exactly as I said DXY reached the 92400 area from where I expect a rejection to the 91900 area and after you will test and the Fibonacci 786 area I will reanalyze!
THIS WEEK...as I said last week DXY rejected and closed in the area 91,900 but below the value of FIBONACCI 618!
in the next period DXY is in a very difficult area and I will look for BUY if it closes even for a day over Fibonacci 618 to Fibonacci 786 and I will look for SELL again for a possible closing below 9130!
anyway ... closing for a month is decisive but I will bet more on BUY because W's formed on the 1 month chart!
NOTE: Please, give a LIKE if you find this idea useful!
GREAT ATTENTION:
*This information is not a Financial Advice.
DXYDear traders,
As I have been accustomed to in recent months and this time my technical analysis had an accuracy rate of over 95% and I will try to continue to keep this percentage as long as possible
as I said on last weeks ... as I was saying last week ... DXY has stopped falling and is starting to form support in this area and form W!
If the next weekly candle will still be green then I will look for BUY around 92,600 or even higher ...
THIS WEEK...exactly as I said DXY reached the 92400 area from where I expect a rejection to the 91900 area and after you will test and the Fibonacci 786 area I will reanalyze!
NOTE: Please, give a LIKE if you find this idea useful!
GREAT ATTENTION:
*This information is not a Financial Advice.
Double H&S pattern in dollar index Very rarely you will see back to back head and shoulder pattern
Dollar index in daily time frame started with an inverted head and shoulder - gave a false breakout and then formed a head & shoulder again. Will this lead to massive short covering in Indian index ?
Time will tell :) but this is just for pattern lovers
Happy Trading
MSK