Dxyshort!!!!!!!!!!!!!
DXY DOLLAR INDEX #TheCryptoCityDXY DOLLAR INDEX
The DXY (dollar index) and BTC have always had an opposite relation.
Always keep a watch on the DXY, as well as the BTC charts and price activity,
since this serves as a leading indication for predicting price swings in the crypto market.
If DXY continues to decrease, BTC + alts will finally be clear for an upside breakthrough.
When DXY shows signals of strength. on the other hand, it's preferable to de-risk some of your crypto positions.
This is an extremely good sign for #Bitcoin and #Altcoins
DXY (Dollar index) is descending slowly
DXY - Complete Compression ⚠️The DXY was luring early sellers in with a compression move.
They then finally decided to complete this compression with a liquidity grab move.
Now that early sellers have been stopped out, could enough liquidity be created to make a small sell retracement?
Bear this in mind if you are trading USD pairs today traders! 🏌️♂️
DXY showing weakness and a reversal may be in the its futureDXY losing the 200 hma on the 1h chart and failing to get above it multiple times.
So far the PA ranging and starting to lose support indicating it might be time to reverse.
Interesting, as the CPI report gets released today and the SPX and Crypto dangling at low support levels.
Let's see what happens today.
DXY: TIME for USD PULLBACKS?Hey traders, in this week we are monitoring DXY for a selling opportunity around 104 zone, once we will receive any bearish confirmation the trade will be executed.u
we highly recommend to take a look at DXY at the beginning of every trading week if not everyday, that will help you to trade USD pairs more professionally and spot their direction!
Trade safe, Joe.
DXY fallHello Traders, I think it is time for the indicators to recover and the dollar to fall from it strongest area, even if it will continue to rise. I expect to visit 100$ before rise , the scenario is different in case it rises above 105 and remains stable above.
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Jamie Trade Idea- Sell DXYTrade Idea: Selling DXY
Reasoning: Posted double top formation - looking for a move lower.
Entry Level: 102.90
Take Profit Level: 101.95
Stop Loss: 103.17
Risk/Reward: 3.52 R
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DXY Parabolic Rise DXY showing a parabolic rise with 4 bases formed. Currently hitting resistance of two previous highs forming a triple top. Could descend from here or make one more advance to the 106-108 area before declining into the low 90s. May depend on euro interest rates before seeing a significant decline I think.
5 MIN MMBM SETUP GBPUSDMMBM formed inside yesterday session and midnight - asia session seeing SR and BOS to the upside giving us indication GBP/USD is bullish, this ties hand in hand with what we see on DXY.
Highlighted is the OB+FVG well be looking to get in sync with the market , while keeping our eye on DXY as we have alot of BSL above so again MANIPULATION could occur before we see continuation
dxy market maker sell modelLooking at dxy 5m we have a MMSM will wait again for london but will look to target the sell side liquidity going into London if dxy opens bearish.
london newyork will provide the setup once again , friday is NFP so we want to be in the trade by newyork tomorrow or we sit on our hands , weve seen the manipulation we face during the trading week , NFP can be wild and not worth the stress