DXY Double topDouble top pattern formed in DXY in 4ht TF , seems market have breakdown at 102.930. as per weekly analysis
Dxyindex
DXY Index Monthly Move ??Pair : DXY Index
Description :
Bullish Channel as a Corrective Pattern
Break of Structure
Breakout the Consolidation Phase and Completed the Retracement
Rejecting from the Fibonacci Level - 50.00%
Divergence
DXY LONG PLAY 13-02-23 (Daily)I have been bullish on DXY for a few weeks now, I'm targetting consequent encouragement on the large upside wick on the weekly chart. The previous target was filled perfectly.
DXY Weekly and where nextAs you can see, DXY PA was pulled down by the Blue Fib Circle, as it has been often before but we need to come back and look at DXY closely again now.
On Lower time frames, MACD is approaching over bought, as is the Stoch RSI but what we Really nee to pay attention to is the fact that the Weekly MACD is now turning Bullish and not only that, so is the Stoch RSI
Added tot hat is the simple fact that DXY has broken through the reistsance that pulled it down previously
It should be remembered that a weekly chart can take time to play out but that change has begun
For me, We may find DXY back towards 110 - 114 in time - March will be very important..
Dollar Index Chart Analysis....
In this situation DXY chart create Bullish Flag Pattern.So,If breakout @103.777
resistance level, then market Buy UP to 103:999 ; @ 104.720 and 105:600 resistance level.
Then market need seems sell correction to nearest Support 104.950 level.
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DXY IS BACKIm expecting 103.735 for sell side..This is only reaccumulation of dollar index.
Buy side 101 for SMC traders.
Trade base on your own decissions.
Come and check me out for more.
DXY Index Next Move ?Pair : DXY Index
Description :
Impulse Correction
Fibonacci Retracement
Bearish Channel as a Corrective Pattern in Short Time Frame
S / R Level
Rejecting from the Current Demand Zone
Divergence
#DXYWe are in a channelized space of a decreasing trend of daily time.
Currently, we are witnessing a negative reaction in dealing with the ceiling with a negative divergence. It is expected that by breaking the resistance zone of 102.808 based on a combination of static and pivot point, it can touch the target of 102.455, which is on the static ceilings from the previous wave. has it .
After that, if 102.455 breaks, you can expect to touch the midline of the channel.
DXY OUTLOOKDXY is currently correcting for another push to the downside that may happen tomorrow London session. This means that any sell opportunity in xxusd is a trap, until DXY has given us another leg down to the fvg.
Buy on DXY DipStrong bullish trnd on current Dollar index.
Buy on the dip of the rally.
And take short term profit before the swing high.
Dollar Index AnalysisIf the price breaks below the swing low then we can expect the price to be short-term bearish.
DXY Possible scenario for the coming daysSince DXY is currently governing the markets. This is how I see it in the coming days.
Remember that when DXY goes down, the markets and crypto go up, and viceversa.
Trade safe!
DXYDoller Index is Bullesh Now On Daily Timeframe So Here Dxy Can Take a Retracement of Minimum 0.38 and Go High
DXY, watchout! DXY is at higher WMA, I believe this is time we saw slightly retracement at Crypto and Stock market
I am anticipated that it will be bearish February, sideway March and then April we go green again!
DXY Index 6 Jan -10 Jan Move Bullish ??Pair : DXY Index
Description :
Symmetrical Triangle Pattern as a Corrective Pattern in Monthly Time Frame and we have a Breakout and Retracement
Break of Structure
Divergence
Bullish Channel
Fibonacci Level
DXY LONG PLAY 06-02-23 (H1)
The weekly close was very bullish, this is my first target next week. I am targeting the daily FVG and equilibrium of the FVG. My long-term play is the weekly volume imbalance as it has been for a few weeks but it may take months to play out.
