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DXY reversal, Bullish for BTC, but 50 day chop is likelyGood Sunday, dear friend! I'm scribbling down some ideas I had. It's good to be back home after a week on a job project. TradingView on a phone is awesome, but I definitely prefer a bigger screen. The chart was not as clean as I wished, but it just tells some history with the correlations between DXY and BTC. For instance: Q4 2022 - DXY tops (BTC bottoms). Trend reversal for DXY (BTC corrects ABC after W1 after bear market). DXY declines to a WCL, BTC soars from 25k to 73k. In the meantime, as BTC soared, DXY also inclined, which led to an extended correction of 7.5 months. DXY rolled over in June 2025, and there was a 60-day lag before BTC felt the boost from the DXY decline. This leads us to today. DXY and BTC have gone up together. I believe the last leg up is a consequence of the June - September decline of DXY, and BTC went up with DXY, and BTC is now left to feel the consequences of the DXY upturn. Given DXY (most likely) topped 11 days ago, we might chop for 50 more days before BTC resumes upward. In the last WCLs, DXY retraces a minimum to 0.786. In this case, the trendline suggests a March timeframe for a low in DXY. History suggests the BTC local top is in when DXY bottoms, or is soon to top in about 2 months.
TVC:DXYShort
by martinxi5u4
The Top 3 Catalyst Of Forex TradingSpotting a breakout is a good strategy because its something that I have always wanted to learn how to do when I started forex. - Now you need to be careful when you are trading forex options and always remember to calculate your risk levels because there is always risk associated with these types of trade and remember to take profit as well Now in about 2 weeks time the biggest catalyst in the forex market is going to take place. Think of these before you trade CAPITALCOM:EURCAD In this forex pair there are 3 catalysts to consider: -The Bank of Canada's interest rate decision -The unemployment numbers -The GDP numbers It's important to take note of the catalyst as you build your own trading strategy either way, you can learn from the one am using its called the rocket booster strategy to learn more about it Rocket boost this content right now Disclaimer: Trading is risky please learn risk management and profit-taking strategies. And remember to use a simulation trading account before you trade with real money.
Long
by lubosi
NZDCAD Is Going Down! Short! Take a look at our analysis for NZDCAD. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 0.819. Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way down to 0.809 level. P.S The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce. Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news. Like and subscribe and comment my ideas if you enjoy them!
Short
by SignalProvider
1
TATA ELXSI LTD S/RSupport and Resistance Levels: Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline. Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down. Breakouts: Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold. Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying. 20 EMA (Exponential Moving Average): Above 20 EMA(50 EMA): If the stock price is above the 20 EMA, it suggests a potential uptrend or bullish momentum. Below 20 EMA: If the stock price is below the 20 EMA, it indicates a potential downtrend or bearish momentum. Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set. Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward. Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop. Disclaimer: I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
NSE:TATAELXSI
by zenthosh
HONEYWELL AUTOMATION IND S/RSupport and Resistance Levels: Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline. Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down. Breakouts: Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold. Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying. 20 EMA (Exponential Moving Average): Above 20 EMA(50 EMA): If the stock price is above the 20 EMA, it suggests a potential uptrend or bullish momentum. Below 20 EMA: If the stock price is below the 20 EMA, it indicates a potential downtrend or bearish momentum. Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set. Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward. Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop. Disclaimer: I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
NSE:HONAUT
by zenthosh
EICHER MOTORS LTD S/RSupport and Resistance Levels: Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline. Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down. Breakouts: Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold. Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying. 20 EMA (Exponential Moving Average): Above 20 EMA(50 EMA): If the stock price is above the 20 EMA, it suggests a potential uptrend or bullish momentum. Below 20 EMA: If the stock price is below the 20 EMA, it indicates a potential downtrend or bearish momentum. Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set. Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward. Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop. Disclaimer: I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
NSE:EICHERMOT
by zenthosh
Coinbase Global Inc. (Extended Hours) | Chart & Forecast SummaryKey Indicators On Trade Set Up In General 1. Push Set Up 2. Range Set up 3. Break & Retest Set Up Notes On Session # Coinbase Global Inc. (Extended Hours) - Double Formation * (Consolidation Argument)) | Completed Survey | Subdivision 1 * 230.00 USD | Area Of Value | Subdivision 2 - Triple Formation * Numbered Retracement | Uptrend Bias & Entry * ABC Flat Wave Count | Subdivision 3 * Daily Time Frame | Trend Settings Condition Active Sessions On Relevant Range & Elemented Probabilities; European Session(Upwards) - US-Session(Downwards) - Asian Session(Ranging) Conclusion | Trade Plan Execution & Risk Management On Demand; Overall Consensus | Buy
CAPITALCOM:COINLong
by TradePolitics
ETHUSDT START AGAINIf you follow my ideas, you know they are intended for more than just one day—typically lasting at least a week. Sometimes the price may hit the targets in a single day, while other times it may take longer. Anyway, this is another analysis using price action, curves, and triangles—just that! Please pay attention to the danger zone and set your stop loss. If the price breaks the stop loss, the idea will be considered invalid. Here are my other ideas:
COINBASE:ETHUSDLong
by TheMandalor