DXY create bearish butterfly pattern. So, Short sell Now...
29 NOVEMBER 2021
DOLLAR INDEX MY VIEW-
N.B-DXY chart create bearish butterfly pattern.
So market seems bullish to 96.440 resistance zone. Then
market down to 95.828 and 95.114 support level.
If market break out 97.037 resistance level. Then
this case is invalid.
Dollarindexsignals
DOLLAR INDEX Update....BUY...NOW
DXY chart SHORT TIME create BULISH butterfly pattern. So, short time BULISH up to 90.643 RISISTANCE zone.
If breakout 90.888 resistance zone then dollar index more buy. When break out 89.769 support then this case
invalid.
Hello Traders, here is the full analysis for this pair,
let me know in the comment section below if you have any questions,
the entry will be taken only if all rules of the strategies will be
satisfied. I suggest you keep this pair on your watch list and see if
the rules of your strategy are satisfied.
PLZ! LIKE COMMAND AND SHARE
DXY create cypher harmonic pattern.So, SELL NOW....
DXY chart create cypher harmonic pattern. When market create candle contamination on
92.200 Resistance zone. Then the market goes down to 91.508 support zone. If breakout 91.910 support level then dollar index
more down to 91.630 level.
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reliance on the information contained within this channel including
data, quotes, charts and buy/sell signals
PLZ! LIKE COMMAND AND SHARE
Traders, if you like this idea or have your own opinion about it,
write in the comments. I will be glad. Thank You.
DXY Waite to Powerful Buy Mood......
DXY chart create bearish butterfly pattern. So, short time bearish up to 91.010 support zone.
Then it will be BUY long to 91.808 and upto 92.565 support zone.So,dollar index chart first time
little bit down then up.
Hello Traders, here is the full analysis for this pair,
let me know in the comment section below if you have any questions,
the entry will be taken only if all rules of the strategies will be
satisfied. I suggest you keep this pair on your watch list and see if
the rules of your strategy are satisfied.
PLZ! LIKE COMMAND AND SHARE
DOLLAR INDEX CHART ANALYSIS.....
DXY short time bullish up to 91.615 risistance. Then it will be down up
to 91.359 support zone.So, dollar index chart first time little bit up then fall.
Dear Traders, here is the full analysis for this pair,
let me know in the comment section below if you have any questions,
the entry will be taken only if all rules of the strategies will be
satisfied. I suggest you keep this pair on your watch list and see if
the rules of your strategy are satisfied.
PLZ! LIKE COMMAND AND SHAIR
DOLLAR INDEX Stuck within the MA200 / MA50. Is this the bottom?Pattern: Channel Up on 4H.
Signal: Buy once the 4H MA50 (which is acting as Resistance) breaks.
Target: 95.30 (the Higher High trend-line of the Channel Up).
Most recent DXY signal:
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DXY to pull back based on the 1D MACD.This is a simple illustration of how the MACD on the 1D chart can give a good signal, at least on the short-term.
As you see on the chart, at least since March 2018, every time the MACD is trading towards 0 following a trend, the price makes a short-term directional change. I.e. when the price is rising and the and the MACD hits 0.00, then the price temporarily pulls back lower. Similarly when the price is falling and the MACD hits 0.00, then the price temporarily pulls back higher.
This is a very reliable indicator as it has only failed to deliver once on March 2020 (when COVID naturally invalidated all technicals).
Are you selling, at least on the short-term, based on this?
P.S. For those who recognize the analysis, this is a repost of the idea below which I published on September 24 and got deleted:
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DXY Trading PlanPattern: Channel Up on 4H.
Signal: (A) Sell as it approaches the Higher High trend-line of the pattern, (B) Buy when it approaches the Higher Low trend-line.
Target: (A) 93.70 (potential -1.10% drop from the symmetrical Higher High), (B) 95.00 (just below the Higher High trend-line).
Most recent DXY signal:
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DOLLAR INDEX Trading plan on Fed DayPattern: Potential Channel Up on 4H.
Signal: (A) Buy as long as the Support is intact (B) Sell if the Support breaks.
Target: (A) 93.90 (right below the Resistance) (B) 91.85 (right above the Support).
*note: Tight SL needed on both ends as the volatility around and after the Fed Rate Decision will most likely be high. We want the price action to stabilize and then comfortably trade to the direction of the Fed aftermath trend.
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DXY Sell SignalPattern: Channel Down on 4H.
Signal: Sell as the price just broke the 4H MA50 and is approaching the Lower High trend-line of the Channel Down.
Target: 91.35 (Lower Low of the Channel Down).
Most recent signal on DXY:
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DOLLAR INDEX Buy SignalPattern: Channel Down on 4H.
Signal: Buy as the RSI and MACD have hit their respective Support levels, with the price already near the Lower Low trend-line of the Channel.
Target: 92.85 (potential contact with the 4H MA50).
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DOLLAR INDEX Buy SignalPattern: Rectangle on 4H within 92.50 - 94.00.
Signal: Buy as the MACD and RSI are ascending and just made contact with their bullish trend-line.
Target: 93.90 (just below the Resistance).
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