DOLLARINDEX trade ideas
CRYPTO FAM LOOK DXY!!!!crypto family dxy is looking ready to drop just need to clear those demand zones
Dollar Index (DXY) | Analysis of the dollar index for 2022🔥Hello traders, Dollar Index ( DXY ) in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe.
In the wave count that was performed at higher times, a progressive trend was formed and from this trend, waves 4 and 5 remain.
Wave 4 was originally intended as a flat, but wave c , which we have now identified in the count, does not resemble a leader, and we assumed that it would be a triple zigzag .
So the count has changed to a triangle, and from this triangle the waves a , b and c are complete, and now we are inside wave d .
From wave d , wave a is still forming.
And from wave a the end of wave 3 is unknown and waves 4 and 5 are not formed in our view.
At the end of wave a , wave b forms a sideways trend that is long in time, after which wave c moves to the size of wave a and is ready to start wave e on the upper side of the triangle.
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U.S dollar view Elliot wave analysisAccording to my idea U.S Dollar correction start 23 mar 2020 to 6 january 2021 down 5 wave. this show zig zag correction , rule of zig zag correction 0.62% not more than retractment price . be careful U.S dollar
Dollar Index in RageThe dollar index is rising continuously amid indicating tough calls for Indian economy and rising Inflation fears with Crude oil impacting the notional budget of the country. Check on the levels earmarked.
Xauusd reference only within dxyThis chart reference only, not for personal .,
This is comfortable trading with gold and inflation
Chart details in simple, mighty use your brain.
Goodluck of your brain not a luck
Dollar index DXYMy view is bearish on dollar and this is best bearish count to my mind.
61% retrace of whole decline of fall from 101 to 89 is almost achieved.
Even if dollar has to rise more to 78.6% retrace or complete 100% retrace to form a triangle , then also it has to provide a second X wave and then it may rise again for a final Z wave on upside before a larger decline back to 89 may start.
DXY Trading Plan - 23/Nov/2021Hello Traders,
Hope you all are doing good!!
I expect DXY to go DOWN after finishing this ending structure.
Look for your SELL setups.
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Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea
DXY case studyDXY spot cmp 95.704
CIP levels of resistance
Parallel channel resistance levels
multiple harmonic pattern maturity resistance
RSI divergence
All study indicate resistance at current levels..
time for reversal...
DXY: Indicating caution for EquityDXY is trading near major resistance. More downfall can be seen in equity market if breaks the level upside.
watchout for Triple Bottom ON DXYPATTERN WILL COMPLETE AFTER CLOSE ABOVE GREEN ZONE
What do you think about this idea?
Donward Movement Anticipated.See the charts not a trading advice do your own ta thanks I'd be looking for short setups only for dow and usdjpy usdchf and long setups only for eurusd gbpusd gold audusd nzdusd tc.
Multiple Regular Bearish DivergenceFORMATION OF Divergence ON STOCH RSI , RSI , Wave
Also price is near STRONG SUPPLY ZONE
Dollar Index (Review)- WaveTalks: The Bounce from 89.55Heading in the suggested direction & getting a close opportunity at 89.55 in April/May 2021 gave dollar bulls a better grip.
Falling below 88-89 only will trigger the next downside move or it will touch the (a) - (c) trendline & finish (e) wave within the next higher degree wave-4. Thanks
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Last Idea - Dollar Index -Rise & Collapse-Part 1- Feb2021
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Bullishness In DXY The dollar looks to seem strong in weekly chart if it breaks and sustain neckline .
Also it has consolidated enough near neckline which means move will be strong and directional .
DXY(LONG)ALL LEVELS ARE MENTIONED ON THE CHART take a close look at chart pattern and trade accordingly.
thank you
FOLLOW FOR MORE .
DXY - Looking to move higherDXY looking to resume uptrend and move beyond the previous high
SL below recent swing low
USD [DXY] 18 oct to 22 oct DXY : Though USD was very bullish for many days but right now USD is trading on a range. 93.80-93.60 as the SUPPORT & 94.50 as the Resistance at the TOP. But unlike the previous time, USD is bouncing like the way it should have. Let's see on Monday
Dollar Index - up up and awayDollar Index is looking bullish in all timeframes.
Long View as per chart
DXY 4HR PROJECTIONPrice is currently trying to break through a minor 4hr Trendline with a long wick Rejection 4hr candle from the triangular price pattern formed. A minor support at 94.120 has been rejected too..The last 4hr Rejection candle tells us that price still has room and momentum to the upside. I'm expecting more dollar Strenth across of Majors, especially against the weak Yen.
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 ... DXY reached target 1 which I set from where it rejected to the resistance area of 92600
from here I expect a small retreat and then I will continue BUY to target 2 and complete W
THIS WEEK...this week I will draw a parallel between the 1 week chart and the 1 month chart because the month has just ended and I would like to know what to expect ...
Exactly as I said ... DXY has passed target 1 and is heading towards target 2 which complete W,from where it will have a strong rejection to the 93,500 area and from there even to 91,900 ... from where the ascent begins again ...
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*This information is not a Financial Advice.
