Highest level of fear after 2008 and CovidThis is insane.
We're in the highest level of fear after 2008 crisis and Covid pandemic.
Let's see what will happen.
Dyx
DXY 1D General outlook DXY 1D General outlook
Technical Analysis Expected Move Confirmation After the Breakout consolidation
Currently running with 4H resistance level. Still didn't breakout and tried to pull back to D1 Support level 99.521. USD will be down next week.
USD probably "bottomed" @ 102 +/-. 29/Nov/23Dollar Index aka DXY currently on wave III (blue) before a pullback toward wave IV (blue) before final leg down on wave V (blue) @ 102 +/-.
Analysis of the movement of the dollar index(DXY)Hello traders, The TVC:DXY is pulling back to the resistance range of 104.22-104.72, and if this pullback is completed, the forecast is confirmed and the DXY will go up to the range of 105.91-105.67.
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DXY FALL INCOMING! xxxUSD to SPACEDXY us currently BEARISH and we are only look for SHORTS here.
How does this help us trade the market?
RULE - DXY goes DOWN, xxxUSD go UP
CHEATSHEET - Your xxxUSD trades will not move if DXY isn't ready for that big impulse legs
I make sure when I take SUD trades that day is in full support of the direction am taking.
I won't get in on any new xxUSD LONG if DXY hasn't reached the UB (Upper Band ) on the H4.
We already have the EMA CLOUD, so every UB will be a badass impulse trigger (Learn the HOOD SUITE SYSTEM)
I will be on full throttle LONG on xxxUSD (check for NOTIFICATIONS to see which of the USD pairs we will be attacking) when DXY reaches the UB on H4 as the next impulse leg should kick in from there.
INVALIDATION - IF we get a close on the PREV HIGH level then we will chart a course for the next move when that happens.
P.S I will post money making trades like this everyday and everything you see on my chart is
from the HOOD SUITE INDICATORS, everything you need is right in front on you inside the indicator.
(The key zones, Levels for manipulation, visible SL for invalidation, Alert when trade setup is ready).
No trend lines or complicated analysis, all you have to do is FOLLOW!
The dollar, the next move.DXY / 4H
Hello traders, welcome back to another market breakdown.
The dollar is trading at a Major level where I expect the next leg up to start.
Trade safely,
Trader Leo.
DXY, Major structure to keep in mind.DXY / 1W
Hello traders, welcome back to another market breakdown.
DXY has been trading in a bullish trend all year, However, the price has been pulling back from the second leg up.
The price on the weekly is approaching the major brekout point where heavy bulls might show up.
Checkout the chart for a full understanding on where is the market cercle at the moment.
Trade safe,
Trader Leo.
DXY: DOLLAR DOWN, GOLD UP!As you can see we got a rising wedge pattern which is going to be break downward soon!
dxy crucial leve;so after that bearish push we have been having dxy pushing up finally in bearish orderblock area where we could see dxy make a nice size move down if its not broken keep eyes on this here this will let you know the next moves on gold and indices
Dollar BreakThere is no weakness in the movement of the dollar. The target of 120 is easy to handle, maybe it will stay there for a few months to make a monthly base, and it is likely that there is a place where the strength of the dollar will decrease.
Check DYX WavesAs the dollar index rises, all parallel markets, including commodity, crypto, fiat currencies, etc., weaken, and with the decline of this index, some parallel markets revive.
By analyzing the monthly time frame, we realize that this index is in the e wave of its large diametric F.
It seems that there is a correction ahead for wave f of F. You may not give this amount of correction for f from F, but the high potential point for starting wave g from F is the upper green box.
SFP on DYXDYX just took the high of September 2002 and it looks like an SFP. this level is lining up with the 0.78 fib level. I am not saying that it will immediately reverse now and goes down but there is the possibility and we should look at that. I don't actually short DYX right now because of the fundamentals and positive data that comes out of the American market but there is the setup. the confirmation of this idea is changing MS in DXY which hasn't happened yet. I use this index as a confluence to my bias about how this could affect other markets. DYX goes up, legacy market and crypto go down. if DXY goes down the crypto and legacy market go up.
dxyHello, do not be tired
Everything is clear on the chart
One of the scenarios that is much more likely to happen than other scenarios
DXY Short Postion
TVC:DXY
From here we need confirmation and then we will go down to the support area.
Note: This is a good temporary opportunity for BTC and Gold .
DXY DOLLAR INDEX Bearish Divergence$DXY DOLLAR INDEX- Bearish Divergence
The DXY is drawing a bearish divergence on the 1D. Historically, this signaled a nearing top.
This is further corroborated by the fact that the divergence took form at the top of the range and after a parabolic rally.
#TheCryptoCity
manufacturing growth and DXYPost GFC, the dollar seems to rise following the peak-trough in ISM manufacturing growth.
Bitcoin in a Nutshell.Hey Guys,
Bitcoin has taking too long moving sideways.
But i think the time has come to make one of two scenarios, please let me know what you guys think?
Comments are much appreciated.
Thanks!
my road map for the SPX until mid marchI show approximate date that FED may be decides to raise the Fund rate with horizontal line in the chart.
DYOR
Ethereum on FIRE!?? FEAR & GREED, Buy or Sell at $1800-1900???Calling the short term bottom here! If you missed out on Ethereum at $4600 when there was euphoria and nothing but positive news, now is time to consider Ethereum at the best discount we'll see in decades. Discounts can even be better as the whales have dumped, short term minded speculators bailed and derivatives toxicity overflowed.
Once people figure out why banksters don't want competition, everyone will be buying this new generation real money, controlled by math instead of crooks counterfeitting their "just because we say" IOU gov paper.
Don't bet the farm and never trade crypto leveraged. That's like asking a poker pro to be your banker. You'll walk in feeling rich and aiming to leave richer and you'll walk out penny less.
Also, don't trust crypto exchanges. They will be taken out by banksters and the puppets they control. Yes, that makes trading more tricky and is the #1 reason non-traders, HODL investors, should only do cold storage wallets.
Peace out.
PS When you start hearing about all the Ethereum V2 taking over the world with low transaction fees and energy use, sell 50% of the ETH you buy at sub $2K and repeat this wonderful cycle of fear and greed.
