Get started

Dollar_index_bullish

DXYIt's not financial advice. It's just my prediction about the future of the DXY index Just see and Think about it. I think it's so interesting analysis to imagine the future of DXY. So Let's go ************************************ In the first level let me tell you more about the relationship between DXY and the cryptocurrency market. It is a known fact that the crypto price movements are deeply correlated with the DXY Index since its inception. While the DXY index gets stranger, Bitcoin, Ethereum, and many other assets tend to fall. Besides, if the cryptos manifest their strength, then the dollar’s strength tends to fall ************************************ Hello Guys. How are you doing? I hope you feel great and always be happy and successful. Today, I want to show you something strange that will happen in the market. as you see in this chart, we are in Parallel Channel and whenever the index touches the top of the channel, we expect to react. it's the third time I expect the DXY index to go up from here. But it takes time. maybe more than 4 Months. ************************************ by the way, I should say that at the first level, we should go up to the 106 Level and stay there. after that, we will expect to go up level by level. the next levels are: 110-117-125 and maybe 132 who knows !!! maybe 132 is closer to us than we think. ************************************ Please be patient and think about that. ************************************ Please SHARE this analysis with your friends and also, FOLLOW me. It can help you to be the first one that sees the analysis after publishing. wish you health and wealth Sincerely Yours
TVC:DXYLong
by ho3einmnd
Dollar Index a great Buying OpportunityIn this article I will be doing Elliott Wave Analysis of the Dollar Index, as you can see from the current count that we are in a Wave 4 of a higher degree Wave 3, hence it calls for a buying opportunity. I believe that the 38.2% level that is coming near 100.24 should act as a Region of Support and hence buying can be initiated there. Strategy : Wait for reversal near 100.24 to buy. Stop Loss : Close below 98.97 or as per your Risk Management Targets : T1: 103.94 T2: 105.08 T3: 106.22 Please note that as per this analysis more upside persists but these are the targets in the short term, I will look at further targets in a later post.
INDEX:DXYLong
by NeeravYadav