Good day traders and investors,
Well, it looks like the dollar has had a major reversal just as expected and right on time. I have been expecting for a couple months now that something big is to be expected by mid September to the latest mid October as the cycle pertains too. The DXY hit the .5 on the fib which is generally a big reversal area, and boy did it reject. It looks like gravestone doji has formed as well. This is stock and crypto positive. What was the news at same time? Surprise!!! More war, now with Israel the "holy Land"
In the seeks to follow look for the dollar to collapse as assets rise.
Well, it looks like the dollar has had a major reversal just as expected and right on time. I have been expecting for a couple months now that something big is to be expected by mid September to the latest mid October as the cycle pertains too. The DXY hit the .5 on the fib which is generally a big reversal area, and boy did it reject. It looks like gravestone doji has formed as well. This is stock and crypto positive. What was the news at same time? Surprise!!! More war, now with Israel the "holy Land"
In the seeks to follow look for the dollar to collapse as assets rise.
Note
And here we have the massive reversal and the Gravestone Doji playing out. That money will flow somewhere....Trade active
The DXY played out and has taken a strong bounce off of the support level with a higher high. It has touched a major resistance level. I do expect a rejection here and a move lower from here. If it does happen to break out above and hold this level, then a move higher is likely and assets would tank heavily.Trade closed: target reached
Big rejection at the 108 level. look for assets and cryptos to start moving againNote
Big bounce for the dollar. expect more sideways and dips for assets while this keep going up. I have market the next resistance area @ 112 113 zone.Note
Massive reversal from the dollar this week. expect assets and crypto to start rising soon. late January ,, early February Note
Dollar will reverse.
Note
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Video analysis tiktok.com/@wearesat0sh1
Video analysis youtube.com/channel/UCReEfN4Czp4az1MvpkL47TQ
Disclaimer
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Please follow me on more socials for further analysis
Video analysis tiktok.com/@wearesat0sh1
Video analysis youtube.com/channel/UCReEfN4Czp4az1MvpkL47TQ
Video analysis tiktok.com/@wearesat0sh1
Video analysis youtube.com/channel/UCReEfN4Czp4az1MvpkL47TQ
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.