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Dxysell

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
"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
"DXY Bearish Setup: Sell from SBR Zone with Target at 97.800"1. Trendline Support Break: 🟡🟡🟡🟡 These yellow dots mark previous higher lows on the ascending trendline — now broken, hinting at a possible bearish reversal. 2. EMA (7): 🟠 ➖ This orange line is the 7-period EMA, hovering above the price, showing bearish momentum in the short term. 3. SBR + DBD Zone (Sell Zone): 🔵 SBR/DBD Zone 📍 Entry Point: 99.880 ❌ Stoploss: 100.390 This blue zone is a Sell on Rally area. The chart suggests price might revisit this zone and then face rejection. 4. Price Projection Path: ↗️🔁📉 A potential retest of resistance followed by a strong drop is projected. The zigzag line drawn shows the expected movement. 5. Target Point: 🎯 Target: 97.800 📉 Expected drop of 2.04% from entry. This is the price where the trade aims to take profit. 6. Summary: 🔽 Bearish Bias 🎯 Sell near 99.880 ❌ SL at 100.390 ✅ TP at 97.800
TVC:DXYShort
by Jameshead007
1
"USD Index Short Setup – Bearish Rejection from Supply Zone (DBD📉 Downtrend confirmed ➖ Lower highs and lower lows ➖ EMA (7) is sloping downward and acting as resistance ➖ Bearish momentum continues Key Zones & Levels 🔵 Supply Zone (DBD) 🔹 Zone: 99.540 – 99.681 🔹 Label: “Drop-Base-Drop” 🔹 This is where sellers stepped in before – price is retesting it 🔹 Expecting a rejection from this area. Trade Setup 📍 Entry Point: 🔹 Enter short around 99.540 – 99.681 ❌ Stop Loss: 🔺 Set above the zone at 100.211 🚫 Protects against fakeouts 🎯 Target Point: 🔻 Target at 97.300 💰 Risk-Reward: 1:2.4 (Good!) Visual Summary 📍 Entry: 99.540 ❌ Stop Loss: 100.211 🎯 Target: 97.300 📉 Overall Bias: Bearish ✅ Strong RR setup with trend confirmation
TVC:DXYShort
by Jameshead007
U.S. Dollar Index (DXY) – Bearish Outlook with Key Levels📉 Bearish Bias on U.S. Dollar Index (DXY) – 4H Chart 🔹 Resistance Zone & Stop Loss 🚫 📍 Resistance: 104.200 - 104.432 🛑 Stop Loss: 104.432 (Above resistance zone) 🔸 Support Zone 🛠️ 📍 Intermediate Support: 103.300 (Possible bounce) 🔻 Target Point 🎯 📍 Target Price: 102.232 (Expected downside) 📊 Price Action Outlook: ✅ Bearish Scenario: Price rejected from resistance 🔽 Lower highs forming ⚡ Breakdown expected toward 102.232 🎯 ❌ Invalidation: If price breaks above 104.432, bearish setup fails 🚫 🔥 Conclusion: ⬇️ Sell Bias below 104.200 targeting 102.232 ❌ Cut losses if price closes above 104.432
TVC:DXYShort
by Jameshead007