J-DXY
Decision Time for Bitcoin this Week. Plus Some Positive SignsTraders,
Bitcoin has reached the end of a very important triangle. It's time to make a decision. This week we should find out if:
1) Bitcoin breaks up and beats our 30,500 resistance, or
2) Bitcoin drops from our triangle and retests our C&H neckline at 25,300
We are going to dig into the charts for a few more clues and I want to show you the charts that are most important for you to keep and eye on this week.
Stew
DXY Dollar Index Technical Analysis and Trade IdeaIn this video we look at the #DXY dollar index and analyse its potential trend reversal. The daily timeframe shows a pattern of higher lows and highs, with a clear formation of a bottoming structure. Throughout the video, we will discuss the current market conditions, including price action, market structure, and the trend, and identify a potential swing trade opportunity for the upcoming week. It's important to note that the information presented in this video reflects only my personal opinion and should not be considered as financial advice.
GBPUSD - D/4H Technical Analysis Hi traders!
I'm excited to share with you a detailed video analysis of GBPUSD on the Daily and 4H timeframe ahead of the CPI news for the USD.
While on the Daily TF, we're experiencing a bearish trend, we recently reached an important OB area which could indicate a possible 4H drop or pullback that may push the price down soon.
However, it's important to note that there is still a possibility for a 4H bullish impulse that could break the recent top. For now, our focus will be on the sell setups.
I want to remind you to trade with caution and avoid trading during the news event. If you happen to get a sell setup, try taking it after the news has cooled down a bit.
Also, keep an eye out in the comment section as we will keep you updated with our analysis.
Keep up the great work and happy trading!
USDJPY: 4H-D Technical OverviewHello traders!
I hope you are all doing well. In this video, I am excited to share with you a detailed analysis of USDJPY on the Daily and 4H timeframes.
On the Daily timeframe , we are currently experiencing a strong uptrend (same as Weekly) and the price appears to be developing a complex pattern before resuming the bull run. We will need to exercise patience and wait for this consolidation to finish.
Meanwhile, on the 4H timeframe , we anticipate the price to make local higher highs, potentially reaching one of the two areas highlighted on the chart (FVG/4H bearish OB zone). Once this happens, we will be on the lookout for a reaction that could lead to a potential sell setup.
I will be keeping you updated on any new developments in the comment section below, so stay tuned!
As always, I urge you to trade safely and not over risk. Remember to exercise patience and wait for the pattern to fully develop before making any decisions.
Thank you and happy trading!
First Aloud Gold CFD AnalysisFound errors in my speaking for the last "W" on the 1-Month chart. It was not only 1 year for it to form the cycle, it was several years. Excuse the error.
Anyway, enjoy. The video cut off... will have to continue another time.
Can't wait to see how all of this plays out.
Be ready to move assets around just in case something crazy happens.
One day, we will wake up and all of our balances will either be in a CBDC currency or we will wake up with all of our balances in a different denomination from another country.
When?
Someone knows, just not us.
Take care.
#25Sigma
P.S. As errors in the speech are found, they will be pointed out and commented upon in the comment section of the video.
Are You Selling The Dollar?The dollar is declined again last week creating a new lower price. This is a good opportunity for sellers to take advantage of a potential sell opportunity. If you believe in the sell, will you take action?
Thanks for watching the video and like the video for more quick analysis like this one.
Be blessed.
DXY - How to FIND trade setupsIn this video, we talk about DXY direction and how to find trading opportunities and get the best accuracy.
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!
DXY & BTCUSDT Quick Update April 13 2023DXY & BTCUSDT Quick update
The DXY is printing a temporary double bottom support at 101
However, it doesn't not yet appear to be a highly probable reversal pattern as price is below the M21ema and the M macd is still negative.
Therefore, price would need to break the D21ema first, before a reversal to 105-106 could be constructed.
Will continue to monitor this important level as it will be affecting the BTC current bullish momentum towards the 40ks
Using The DXY To Trade Currency Markets Pre NewsHey Traders,
As you know we have a wave of news coming tomorrow that could move markets.
Often my students ask me how to use the DXY appropriately as a tool for currency markets. The secret is to not make it confuse you. Do not let it sway your decisions so that you can't move a muscle unless all is perfect.
Use it for value and use it as a gauge.
Any Q's drop below.
So here it is as a tool.
Watch and trade safely.