Dxyshort!!!!!!!!!!!!!
Bearish retest possibilityOne can only assume a trend continues until it doesn't. After the dixie ran the lows I therefore am expecting a bearish retest. A support held above retest zone should lead to continuation of bullish price action. I am targetting the 97 levels as support.
Drawing supply and demand areas and possible scenarioDrawing supply and demand areas and possible scenario Drawing supply and demand areas and possible scenario Drawing supply and demand areas and possible scenario Drawing supply and demand areas and possible scenario
DXY Short Play 30-01-23 Weekly TargetWeekly Volume imbalance is the target, this has been the target for a few weeks now. Major news events later in the week should help price to the target.
EURUSD Long Play 30-01-23 Weekly TargetWeekly Volume imbalance is the target, this has been the target for a few weeks now. Major news events later in the week should help price to the target.
UPDATE: DIXIE still on its way down to 96.40Since September 2022, the DIXIE has been coming down on a strong bear trend.
When this happens, the US Dollar weakens and many of the other currencies strengthen.
Hence you can see the EUR/USD taking off for the first time in months...
Anyway, technically the DIXIE is still showing more downside to come.
Technically, the price remains below 200SMA (Black Line) which turned the background RED.
Second, the RSI has remained below the 50 mark, which is why the background remains red - Bearish...
Thirdly, there is a strong down channel which the price is riding down.
My first target for the Dixie remains at is 96.40.
Trade well, live free..
Timon
(Financial trader since 2003)
MANAUSDT SWING LONG Here are the fews points i am looking for this chart
1.Price showing us deep pull back breaking though last uptrend swing low
2.Price showing us a new strong momentum to the upside
3.We can compare those down wave to the new up wave , very clear that buyer are taking control
4.Price start to consolidate and holding up the FIB 50% level (showing us price are strong to buy )
5.We need to see price break out in strong momentum bar before we entry (maybe restested )
6.Remember we are buying new higher high make sure moved you stop loss to breakeven when you are in profit about 1-1 risk and reward
7. Target : no Target (trend following )
Buy DXY Confirmation
• Low of Friday Sell Side liquidity taken out✔️
• Break in Market Structure ✔️
Entry
• At Fair Value Gap and below the midnight open ✔️
Target
• Price to fill the Price Gap ✔️
DXY Short Play 23-01-23I'm expecting a bearish week for DXY, I believe we are heading for the weekly volume imbalance at 97.2.
DXY DUMPAll HTF from Weekly To Daily are Down trending
Price on the H4 and is ranging and i assume its all manipulation. Bonds are making a pullback due to interest rate hikes. but none the less price is still very very bearish. Even the USDJPY is on a pull back this confirms that the market is now risk on as Beta Currencies are taking a Dive too.
DXY DAILY BIAS (HOURLY) 17-01-23I believe the next draw on liquidity is the FVG at 102.108 - 101.994.
BITCOIN MINI BULLRUN BEFORE 2024Comparison of BTC Yearly Outlook for 2023 with DXY Yearly Performance of 2021
Bitcoin printed the exact same Pivot Grid for this year with DeMark, Woodie & Camarilla.
Fractal (DXY-2021) is applied on BTC
Will we see a bounce from Pivots DeMark (green) and Woodie (orange) to new Lows for BTC before we reach a High for this year at around $32K?
Next Move DXY (comparison BTC)In this comparison we see
BTC Yearly Performance 2022-2023 and
DXY Yearly Outlook 2023-2024
The Indicator is PIVOT POINTS STANDARD with DeMark, Woodie & Camarilla.
The Grid of all 3 Pivots for BTC in 2022 is the exact same for DXY for this year.
Will DXY dump this year? Is BITCOIN surpass its ATH?
📉✌DXY Down --> Bitcoin Up?✌📈TVC:DXY
CAPITALCOM:DXY
💥As DXY starts a downtrend, Euro and Bitcoin can experience a few weeks of strong growth💥
First target ---> 107.8
Second target ----> 102.9
Please share ideas and leave a comment,
let me know what's your idea.
CrazyS✌
$dxy #dxy #elliottwave short trade setup.This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
$dxy #dxy #elliottwave short trade setup.This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
DXY -Short A few days of pain ahead for the Dollar, which will be good for risk assets.
Relief into the new year, before continuation.
levels marked. Enjoy.
NZDUSD swing long 1hour Flag PatternThere are the few points i am looking in this chart
1.Pervious market condition (4hrs time frame in a up trend )
2.Compare to the last down wave we can see clearly stronger momentum to the upside (more bull bar )
3.After a strong dirction move, price start to consolidate in a high level ( seller couldn't push the price lower )
4.Looking for a strong bull bar break out / retested to entry
Target: 2 times about the Flag pole
DXY, Reversal in the makingDXY has been tanking recently due to less then expected NFP news. We can see a trendline being respected since June 2021 which we are correctively moving down in a descending channel to indicate a potential reversal is coming.
Look for buy opportunities only if all your entry criteria is met.
Follow your trading plan.
Thanks
Trade Safe
Dollar Index shows signs of weaknessDollar Index shows bearish signs, meaning USD/XXX pairs could tank. We might want to prioritise selling Dollar base pairs
