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Dxyprediction

U.S. Dollar Index (DXY) Bearish Setup – Supply Zone Rejection & 🔹 Trend Overview 📊 Overall Trend: Bearish (Downtrend) 📉 Price is forming lower highs and lower lows within a descending channel. 🔻 Recently bounced off a support zone, now heading toward a potential pullback. 🔵 Supply Zone (Resistance Area) 📍 Zone Range: 100.049 – 100.601 🧱 Acts as a resistance block where sellers might step in. 📏 Confluent with EMA 70 at 100.178, strengthening its validity. 🔸 Trade Setup – Short Position 🟠 ENTRY POINT: 100.088 ❌ STOP LOSS: 100.587 – 100.595 (Just above supply zone) 🎯 TARGET: 98.000 (With intermediate support levels) 📌 Support Levels 🔹 98.112 – First minor support 🔹 98.106 – Close-range confirmation 🔹 97.885 – Additional support zone 🟦 Main Target: 98.000 ⚖️ Risk/Reward Ratio 🟧 Small risk above supply zone 🟩 Large reward to downside = Favorable R:R 📌 Summary 📈 Expecting a pullback into supply zone. 🧨 Look for bearish confirmation around 100.088. 🎯 Target the downside at 98.000 for profit.
TVC:DXYShort
by Jameshead007
DXY Bearish Setup: Sell from Supply Zone to 99.100 TargetTrend: 📉 Bearish Bias Key Zones & Strategy: 🔶 Supply Zone (Sell Area) 📍 100.584 – 100.906 ⚠️ Price may face selling pressure here 🔵 Entry Point: 🎯 100.584 (bottom of supply zone) 🔴 Stop Loss: ❌ 100.906 (just above resistance) 🟢 Target Point: ✅ 99.100 📉 Aligned with lower support line Technical Indicators: 📏 Descending Channel 🔽 Price moving within parallel downward trend lines 📊 EMA (70) – Orange Line 🔁 Acting as dynamic resistance Trade Setup Summary: 📌 Sell in the Supply Zone 🛑 Stop Loss: 100.906 🎯 Target: 99.100 ⚖️ Good Risk-Reward Ratio Warnings & Tips: ⚡ Watch for Breakouts: If price breaks above 100.906 ➡️ 📈 Bearish idea invalid 📰 Check News Events: FOMC, CPI, or other USD events may cause volatility
TVC:DXY
by Jameshead007
2
"Plan the Short: DXY Targeting 98.004 "2. Current Price: Around 99.587 💵 3. Indicators: EMA 70 (Exponential Moving Average) ➡️ 99.442 📈 Price is dancing around the EMA, meaning trend is a bit bullish for now. 4. Chart Pattern: Price moving inside an ascending channel 📈➰ Bouncing between channel support and resistance levels ⚡ 5. Trading Plan: Wait for price to reach the blue resistance zone ⬛ (around 100.5 to 100.9) Look for sell (short) signals after reaching there ⛔ Expecting a reversal and drop down to target 98.004 🎯 6. Stop Loss & Target: STOP LOSS: 🔴 100.870 (above resistance zone) TARGET: 🎯 98.004 7. Key Observations: Current Trend: Short-term bullish 📈 inside channel Expected Move: Reach blue box ➡️ sell ➡️ fall toward 98.004 📉 News Events: Upcoming 📅🔔 (could create volatility) Summary: * 📈 Uptrend inside a channel. * ⬛ Wait for price to hit the blue zone (100.5–100.9). * ⛔ Look for short signals in the zone. * 🔴 Stop Loss: 100.870. * 🎯 Target: 98.004. * ⚡ Watch out for news events that can move the market!
TVC:DXYShort
by Jameshead007
1