Dxylong
DXY index Road Map🗺️!!!(4-hour time frame⏰)DXY index managed to break the 🟢 support zone($102.24-$101.91) 🟢 and support line during the last day.
Based on the theory of Elliott waves, the DXY indicator is completing a corrective Zigzag structure(ABC/5-3-5) .
🔔I expect the main wave C to finish at the 🟢 heavy support zone($101.30-$100.82) 🟢.
U.S.Dollar Currency Index ( DXYUSD ) Analyze, 4-hour time frame⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
DXY chart analysis. I am going to long.Hello everyone! I want share my idea about DXY.
I shared my idea about USD where I said we trend change moves, this trend started with divergence and going up well, Friday closed with strong downtrend and stopped at trendline which gave us good opportunity for open long position and one good HL.
Trendline touch, Fibonacci LVL and trend moving gave us good entry point for long, here is me 2 scene of my price prediction. My position open is long!
1 Bullish scene - price continue moving up, brake strong resistance at 103.400 then retest it and go to weekly resistance.
2 Bearish scene - Price will brake trendline and support then make retest at 102.750 and continue moving down for retest weekly strong support at 101.100.
Be Patient!!!!
DXY will go UP by Symmetrical Triangle🚀DXY index managed to form a Symmetrical Triangle Pattern near the 🟢 support zone($102.85-$102.66) 🟢 and support line.
DXY broke the upper line of the symmetrical triangle.
I expect the breaking of the upper line of the symmetrical triangle to be a sign for the DXY index to go up in the coming days.
U.S.Dollar Currency Index ( DXYUSD ) Analyze, 1-hour time frame⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
DXY ready to FLY again✈️DXY Index is moving near the 🟢 support zone($102.85-$102.66) 🟢 and support line.
In general, after the DXY succeeds in breaking the downtrend line , we should expect growth of the DXY .
I expect DXY to go ✈️ UP ✈️ again to at least the 🔴 resistance zone($103.57-$103.35) 🔴.
U.S.Dollar Currency Index ( DXYUSD ) Analyze, 4-hour time frame⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
DXY - Bullish Harmonic and Bottom FormationWe're observing what appears to be a bullish harmonic pattern, alongside a bottom formation within the current charting landscape. These elements are potent technical indicators that hint at a possible uptick on the horizon.
When one combines this pattern with the formation of a bottom, it further bolsters the likelihood of a forthcoming bullish surge.
The targets of an upward nature as depicted on the chart, represent potential levels should a bullish trend indeed take a firm grip.
Arguments of a week's size. Hi!
We have some important signs for the dollar index that don't bode well for the crypto market!
This is the 1 WEEK CHART.
This is a high degree of reliability.
In fact, what we saw on last week's hourly chart has already developed into a persistent reversal.
1: Ishimoku. The green Kumo cloud has halted Bitcoin's fall. In fact its lower boundary Senkou B has not been tested. Kijun-sen also does not show resistance to the candlestick, and usually turns out to be the next support later...
2. EMA100 area is a support in the weekly chart. This is a very good signal for the continuation of USD strengthening trend!
3. The volatility has stopped falling and the first red shortening bar appeared. I'm sure in a few weeks there will also be the first black cross signifying a squeeze before an upside shot.
4. Stochastic has reversed and is flying up.
5. This is a Heikin Ashi chart and it is more sensitive to a trend reversal than normal Japanese candlesticks. You can see how we started this week.
Conclusion.
Remember, Bitcoin is still private money (even if influential funds buy it for investment purposes). Bitcoin has no monetary authority, it plays on the open market against fiat currencies (primarily the dollar), which are managed by powerful financial institutions.
This new weekly green candle is the result of a +0.25% increase in the Fed's key rate. Dollar borrowing has become expensive. Why should there be free liquidity available in the market to inject into high risk assets? Or do you believe that private hands around the world will outbid the Fed?
No, I do not believe that this weak sideways move of Bitcoin in November-December was a consolidation.
Now the curses will come )))
P.S. If I'm wrong, that's my problem.
You can watch this chart and decide your’s opinion.
I don't want to change your mind at all.
I am only pointing out my thoughts.
But I would like people to think better.