DXY, longBased on the structure of the chart, the US dollar index is pulling back towards the middle line of the ascending channel and will move towards the bottom of the channel after the pullback.
According to my risk and capital management system, the risk of each trade is one percent per position.
What do you think about this analysis and other analyses?
What symbol would you like me to analyze for you?
Chanenelline
BTC/USD STARTING BREAKOUT MODE ?Bitcoin has formed a descending triangle figure on the daily chart , now it appears to be starting to break out of that figure.
This movement can generate a STARTING BREAKOUT MODE taking prices up to $20k
I believe that there are important resistances along the way, but the previous tops, for me, are the target of the asset.
I hope to be able to contribute to the reading of friends and if you have any suggestions leave them below in the comments, we are here to learn always. I'm not the owner of the truth, this is just content based on my rationale.
If you want to talk to me, send an inbox message, or click on the footer of this post!
Disclaimer: The above comments reflect solely my opinion, this is not a buy or sell recommendation. Just a series of published studies, so that together with the community we can discuss operational tactics and techniques.
CLICK DOWN HERE!