Most traders and investors discussed and likes Double price check on bottom and top side, one advantage it reduce the risk while margin traders use SL. I also experienced and convinced double edge rewards better or we can react better instead to predict the price. We can see RSi divergence too or another confirmation in long run. Nothing can stay same and after...
The price start a bullish trend from daily support plus it broke the last high which created the last low level, it also broke descending komu. I put my TP on last week high. R/R = 1:1.19
Dxy is bullish in every time frame since W, D .. Trend is your friend so i like to trade with the trend . i will wait a pull back at these demand zones, if I see rejections to the downside i would go long.
Jobs data was not good for USD but in future Tapering and Interest Rate hike can be matter. Buyers loosing the rope.
A video analysis looking at the fundamentals of the dollar and where we expect it to move to next. The inflation narrative in financial markets are very strong right now and its quite possible the market gets caught out... I discuss the prospects for the dollar in the second half of 2021 and early 2022. Let me know in the comments your own thoughts.
USD INDEX TO $95 ? Type : Long Price : 90.40 - 90.50 SL : 90.35 TP : $94 - $95
DXY Will retest and Grow Up Soon. Hope you like this idea give me like and comment
Self-explanatory.
Dxy at a critical H4 demand zone.. expect a wave up from here
Hi This is the dolar index where we can clearly observe an inverted head and shoulder pattern and we have some chances of this pattern appearance. Please comment me your ideas Dorod Inja ye inverted head and shoulder ro darim ke neshuneye buy hast Lotfan nazar bedid Mamnunam
People getting trapped by their own greed and FOMO on a Dollar rising, which hasn't come yet. It happened last week and will happen again now. I want to make it clear enough here. If we want to see DXY outperforming other G10 currencies we will have to wait until a bullish wave sequence 1-5. At this point, it seems the only thing that would be convincing enough...
SELL NZDUSD for a nice short trade on the 4 hour chart with a 1:1 risk to reward ratio.
GBPUSD looks like its at a nice reversal level and is heading south. Targets as shown.