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.
Dxysell
"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!
"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
"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
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