Corrective move coming to an end, time for a leg up on the dollar. BIG shorts pending for risk assets.
Update for Dollar Index: Yesterday, we spotted a head and shoulders pattern on a 4H time frame. Its neckline was broken later on. The index will most likely keep falling. Goals: 104.18 / 103.8 ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
Expecting some bullish pullback to fill volume imbalance gap then price action might continue bearish momentum for this week before upcoming 13-14 FED Rate Decision !
DXY has a strong bearish momentum and has already broken structure on the hourly timeframes. I therefore' think that it'll drop further to take run the short term lows created this week and possibly to also run an old week's low. R:R = 2.5. THIS SETUP DOESN'T GUARANTEE PRICE MOVEMENT. APPLY PROPER RISK MANAGEMENT
The setup was given on Monday and it played out just fine
The US dollar has seen a clear rejection from its 200 day SMA. Does this mean we might see S&P500 go back to the 4000 level and retest its 200-day SMA and the downward trend line? That is within the realm of possibilities, and cannot be discounted. But you know what has been performing phenomenally? BONDS! Both corporate and government bonds have been aggressively...
Wave 1 is equal to wave 5. It signifies that the high distance of wave 1 is the same high distance with wave 5. The question is what will be the DTD of US dollar next year?. As from the above analysis, I expect a crash in the dollar as of next year. I guess non of us will see it coming.
Australian Dollar/U.S. Dollar was retraced from the resistance zone by Bearish 🦈Shark🦈 Harmonic Pattern. Also, we can see one of the best signals in the RSI indicator at 15 min timeframe = Bearish Failure Swing Signal👇 I expect the Australian Dollar/U.S. Dollar will go down at least until the support zone. 🔅Australian Dollar/U.S.Dollar Analyze ( AUDUSD )...
DXYUSD daily guidance is bearish. Recommended ratio: 5% DXY, 95% Cash. * Oil tankers are reportedly beginning to jam up the Black Sea with 28 tankers waiting to be checked for having proper insurance by Turkish officials . This will likely put upward pressure on the price of oil in the near/medium term. Investors appear to be anticipating a 50bps rate hike by...
this is bullish for stocks, expecting a nice bounce in $spy, $qqq, etc with the breakdown from the $dxy h&s
As you can see on the chart, it's can be a really good short opportunity after price take liquidity above previous minor high. 💡Wait for update! 🗓️07/12/2022 🔎 DYOR 💌It is my honor to share your comments with me💌
Intraday analysis for 9/12/2022 Note: PPI news 9.30 pm (expecting good for the dollar index) 1794 region was a key level of interest to take note off whereby scalps was taken from 1791 up with profits taken. On the higher tf it is a fake out and currently is filling the wick to the left as marked in the charts. If we can see bearish continuation i can see...
Shallow fib resistance are tested with a target low marked based on this latest threshold fib levels. Just an observation. Fibo
Exactly according to the link analysis, it came here and reached its resistance. Now we expect it to hit a high from here, and the red Fibo targets, i.e. the ranges of 108, 109 and 110 dollars, are available. Also, the growth of DXY (dollar index) can mean that the crypto market can still correct and be bearish.
DXY is forming a Head and Shoulder pattern on shorter time-frame. We may see a fall to the recent low of 104.15 if the neckline at 104.90 is broken.
✅DXY price went up sharply But a strong resistance level was hit Thus, as a pullback is already happening And a move down towards the target shall follow SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hello,Friends! Indecision in the market is changing Towards a well defined bearish sentiment And the price action on the lower timeframes Is clearly supporting this narratve Therefore, I think it is a goodidea to go short! Like and subscribe and comment my ideas if you enjoy them!