BAT pattern at DXY XABC leg completed~
now waiting DXY to fall~
lets see if this chart go as planned
USDX trade ideas
Are the dollar days over?In the past 15 days, dollar has crushed the first 2 resistances. Today it crashed the 2nd one for less than an hour unexpectedly. If it crashes again, it is likely to try to crash the 3rd one and then a bearish outlook will come for USD.
DXY & Gold usually move in opposite directions, not from Sep'18!Dollar Index & Gold usually move in opposite directions but something has changed from Sep '18. Are we overlooking something??
U.S INDEX ANALYSIS ENCODED ZONESENCODED ZONES
price has to stop here and bounce and decide
be careful in the mentioned marked areas
DXY ANALYSIS DAILY FRAME. IMPORTANT MOVEMENTS ARE COMING...??DXY ANALYSIS DAILY FRAME.
FIBBO CHANNEL.
REMEBER TO TAKE IN NEWS IN ACCOUNT.
IMPORTANT MOVEMENTS ARE COMING...??
DXY LONG AND SHORT IN WEEKDXY LONG AND SHORT IN WEEK.
BE CAREFULL THERE IS A LOT OF NEWS COMING.
MARKET CAN MOVE DIFFERENT DUE TO THE NEWS COMING.
DXY Again started Bull Ride. Be cautious with all trades. Dollar Index soon will be on a new highs.
Also major currencies Paris as well.
Short the dollar at with 1:10 risk to reward at these levels. This is a advanced price action based short idea. The pink line is the cmp with the red being SL and green line being target area. Infact im very bearish on the dollar from here and below.
[IDEA] Short USDINR + DXYLeveraging a decently positive correlation between USDINR & DXY.
Working on the trading strat.
DXY is ridingDollar Index will be moving forward to the levels of 99. One need to be aware. Before making any shorting in major pairs.
With an SL for 97.54 and the target of 98.70++
DXY Technical analysisThe NFP data has come up with flying colors.
Technically, the counter has broken its resistive trendline which can be construed as an inverse head and shoulder pattern.
Hence, we expect the index to move all guns blazing to the resistance 98.30 and there is a good chance for a new high to be unravelled for the week.
Gartley On DXYjust after completing a "M" pattern dollar moves like a jet plane towards channel top. beware when it reaches 61% fib..max tp should be channel top.
DXY on a Roller Coaster RideDollar Index has build a strong support base and started breaking major resistance. It is now moving ahead towards the target of
1-- 97.48
2 -- 98
3 -- 99.21
And 4 -- 102 (Major Resistance).
With the support of 1. -- 97.14(Closing basis)
2. -- 96.50
3. --- 95.70
Be cautious with the trade in major pairs. Lots of factor might impact the DXY so don't let it to DITCH you..
