J-DXY
Bitcoin & Pre-Market - Reasons to remain cautiously optimistic!Traders,
We have tested our multi-year support yet again! As you know, this is something I did not want to see us doing. However, our support remains incredibly strong and thus, we have bounced yet again off of that support. This is now the 16th or 17th time (depending on what one classifies as a touch) that we have tested our support. Currently, Bitcoin is forming a bullish hammer candle. Let's to a quick review of our charts here.
⛓️ 🔗 Useful Links 🔗 ⛓️
(see below)
DXY-US DOLLAR INDEX--- BEARS TAKING OVER-SHORTThe markets are now correction and despite the fact the dollar has had a slow rally in 285 days it struggles to gain momentum and stay bullish. Now you can see from the charts that its heading into some sort of consolidation zone and I would personally short the dollar if I were trading it. I do not have any open positions on the DXY and I would watch it carefully. It seems like it would go bearish after a consolidation period the break out to the downside. Find out whats happeing with the dollar here in this TA Video...
Disclaimer
I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this TA,(Technical Analysis) are for informational and educational purposes only and do not constitute financial, investment, trading, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using or reading this technical analysis or site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this analysis, or post.
Dollar Bulls and 100 in April?I'm so bullish it feels bearish. I dont see any bears any time soon for the dollar. I dont see the doom of dollars death just looking at this chart. The amount of momentum would need a disaster in disinterest and how does that happen? bitcoin? right now, this year, the dollar looks strong. not good maybe for other prices. but then again i dont know exactly how inflation all works into this. just lookin at a chart in the meantime and dollr looks crazy strong.
DXY top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
EURUSD - Video Top-Down Analysis!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
Here is a detailed update top-down analysis for EURUSD.
Which scenario do you think is more likely to happen? and Why?
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!
All Strategies Are Good; If Managed Properly!
~Rich
DXY3.16.22 DXY: I read this market using some analyze that won't be fitting for some traders (which is OK), but I put it out there anyway because I use it at times. I picked a market that is contracted and hard to trade because of this...and is difficult to trade for the bigger profits. I am not so adamant about this market making new highs when it closed a gap and found a reversal at the 1.272 and went higher for two reasons: it is pressing lower on the daily chart, AND it is a contracted market. At the near end of the video, I alluded to the fact that this market on today's daily bar opened lower than yesterday's high and is trading below it's open<<which could be a sign that the market will move lower despite the market hit the 1.272 extension and then moved higher at least for a bit. This is the problem with contracted (narrow range) markets. Still, it doesn't hurt to spend a little time thinking about this.
Market Update - 11 Mar 2022 - BTC, DXY, and DominancesBTC not doing anything significantly since the pump and dump from Wednesday
Look locally at the reaction from the Daily and Weekly Opens.
Local liquidity is to the downside and Retail is 66% Long.
BTC is still ranging and has been for 2 months
These things rarely play out more than 2-3 months
Market open today will be interesting hopefully we can regain something on the Weekly
BTC, ETH, DXY, SPX - General TA Update - 10 MarJust a quick update and run though of BTC ETH DXY SPX and some Alts
Yesterday's bullish news on Crypto from Biden gave us some relief as well as DXY downside
so everything came back down.
BTC is still in the range - 45k to 35k so trade it as a range
DXY had the parabolic break which also contributed to the general pump
Play the range, take local profit targets, tight stops, and low leverage scalps
DXY - EUR/USD - Extreme UP of DollarThe dollar index increase Up the quotation and the correlated cross go down.. as previosly predicted!
Let go to my Idea for any dettails.
What up DOG? Dollar, Oil, Gold recap! What up DOG? I dunno, What up with you? Yes and which DOG is up?
Dollar OIL Gold. All in play for their own reasons. War on the Horizon or not, there are other factors contributing to confilcting momentum. Trust yourself and remeber it's all in the timing, tuning out distractions, and staying in touch with the momentum. Where's the heft? The harumpf? Where's the catalyst coming from and heading to driving price duing hours of high liquidity.
atm
dollar 96.06
oil 93.43
gold 1899
i think dollar is bullis given the impending rate hike, crypto winter, indice bear market, and global status for what looks like one last breathe.
i think oil is bullis cause it wants a hundo. it just want that 100 number like a big mac attack.
i think gold is bearish short term before continuing higher. does that mean i wish i hung on to my short overnight instead of taking profits possibly early? yes. I think gold could dump more overnight, or london, or early early tomorrow and then get its' groove on Hump Day. I could be so wrong.
Leave a comment if you are trading DOLLAR OIL GOLD today this week? 2/22/2022
cheers!