J-DXY
BTC ... Is a BIGGER MOVE LOOMING???Evening all!
Back again after a few days off - I must say we're enjoying being on Tradingview, there is certainly a lot of you!
Tonight we're looking at the bigger picture, was can we expect to see and what we think might happen long term.
We back that up with some lower timeframe analysis.
Let us know what you think !
DXY Full Top Down In-Depth Analysis For The Next MoveTraders, Dollar has been bullish as expected for months and ultimately it will keep on rising because on higher time frames it is forming a W pattern. These are the factors for its bullishness:
1. W pattern on multi year monthly time frame
2. Sideways Channel on Monthly time frame
3. Double bottom on monthly time frame
4. W pattern formation of Weekly time frame
5. 200 SMA attracting price on weekly time frame
Rules:
1. Never trade too much
2. Never trade without a confirmation
3. Never rely on signals, do your own analysis and research too
✅ If you found this idea useful, hit the like button, subscribe and share it in other trading forums.
✅ Follow me for future ideas, trade set ups and the updates of this analysis
✅ Don't hesitate to share your ideas, comments, opinions and questions.
Take care and trade well
-Vik
____________________________________________________
📌 DISCLAIMER
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only.
Not a financial advice or signal. Please make your own independent investment decisions.
____________________________________________________
US30 - Dow Jones - My Trading Plan in 3 minsHello everyone, if you like the idea, do not forget to support with a like and follow.
Here is the top-down analysis for US30, feel free to request any pair/instrument or ask any questions in the comment section below.
Best of luck!
DXY (USDOLLAR): Update - Falling Further?Traders, We have been following dollar for a long time and we have seen it getting strengthened and now it is simply following price action to get more upward momentum. But as we trade what we see, we know that there are good chances that it can fall further down before it picks up momentum to the upside. In this top down multi time frame analysis update on USDOLLAR we look at various scenarios and support/Resistance levels for dollar index.
Rules:
1. Never trade too much
2. Never trade without a confirmation
3. Never rely on signals, do your own analysis and research too
✅ If you found this idea useful, hit the like button, subscribe and share it in other trading forums.
✅ Follow me for future ideas, trade set ups and the updates of this analysis
✅ Don't hesitate to share your ideas, comments, opinions and questions.
Take care and trade well
-Vik
____________________________________________________
📌 DISCLAIMER
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only.
Not a financial advice or signal. Please make your own independent investment decisions.
____________________________________________________
Weis Divergence on BTC - So what?Here's a quick video view of the Weis Divergence - I have highlighted the up volume & hidden the down volume. For me this is showing a lot of effort and very little result. Actually retail efforts for the price to move lower.
See the COT & Elliott view also inside the video.
Disclaimer
This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stocks, ETF’s, and Forex. Hence each trade setup might have different hold times, entry or exit conditions, and will vary from the post/idea shared here. You can use the information from this post to make your own trading plan for the instrument discussed. Trading carries a risk; a high percentage of retail traders lose money. Please keep this in mind when entering any trade. Stay safe.
BTC ... A springboard off 30K, but is it enough?Welcome back!
Talking about BTC, we spoke about the relevance of 30K last week alongside the major level of Demand and how that level came about. Now using the Zone as a springboard, does BTC have enough in the tank the move through 35K and towards those upper levels of the market.
Lets talk!
The Dollar Is King A video analysis looking at the fundamentals of the dollar and where we expect it to move to next.
The inflation narrative in financial markets are very strong right now and its quite possible the market gets caught out...
I discuss the prospects for the dollar in the second half of 2021 and early 2022.
Let me know in the comments your own thoughts.