#DXY Dollar - DOUBLE BOTTOM Pattern in Long Time Frame #LTF - Rejecting from the Daily Support Level - FALLING WEDGE Pattern as a Correction and Breakout of Upper Trend Line #UTL - Buying Divergence
Bitcoin broke the support zone and is currently pulling back to the trend lines and this zone. Also, we can see the divergence between Price and Volume. I expect that Bitcoin will touch at least the last bottom (17166$). Bitcoin Analyze ( BTCUSDT ), Timeframe 15min⏰. Do not forget to put Stop loss for your positions (For every position that you want to...
DXY is in a triangle wave 4, working on the final leg down before we go up again in a 5th. We will take out the liquidity under the relative equal lows marked with green line. Then the recent rally will end, and bear market will continue. Not investment advice, just for educational purposes.
DXY is in the final stage of its reaccumulation, after that the final distribution (top) is forming. At this time, Stocks and Crypto will find a bottom and will rise afterwards. Have a great day.
With the anticipation of the inflation data that will be released on Thursday, the dollar is still under many selling pressures, but now it has reached pivotal areas, breaking it may lead it to lower levels, but if the data comes in its favour, it may regain its strength again. Now the price is near a daily bullish trend and near buying areas (demand), as well as...
Silver nearly completed a Head-and-Shoulders Bottom today. It is currently at resistance. A close above $21.50 tomorrow would confirm a breakout. The trading volume has been elevated, which is what you want to see on a H&S right shoulder. H&S patterns are some of my favorite because they are relatively easy to trade, and 71% reach the target. The demand for...
Trade Idea: Selling USDCHF Reasoning: Double top on USDCHF Entry Level: 0.9827 Take Profit Level: 0.9535 Stop Loss: 0.9880 Risk/Reward: 5.63:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all...
As I thought - this breakout wasn't meant to be a retracement, but just a consolidation - it follows the path as drawn at the beginning (but realizes the waves way faster) - so expecting the same output at the end. Hold on tight!
DXY: Falling to its weakest level since late September, below 109.50. Below MM200, it lost its double bottom at 109,563. BTC has always set a pattern of opposite direction to DXY which did not happen yesterday, where it dropped to its weakest level since mid-June at $17,500, is already bouncing back. On the hourly chart, an accumulative triangular figure was...
dollar index is making higher high with higher lower between white trend lines from last peak it has made a abcde elliott wave triangle so key support level 109.600 which is testing both yellow and white trend line at the same time if support breaks than peak dollar (as cramer said on 24 October ) confirmed which translate into end of fed QT ( while inflation...
I believe we reach to low of consolidation channel This is a bullish pattern can take us to new highs I think it will drag down the gold , silver , oil to new lows GOOD LUCK
Today, we are looking at the Daily timeframe on EURUSD. It's very important to know what is the main move, especially when trading the lower timeframes. The trend on the Daily chart is pointing to the downside and it's more likely to continue in the same direction! Tomorrow is quite important and we may have some decent setups to work with. This upside...
Gold was trading inside the black down trend channel for a long period, but got impulsive breakout to the upside after breaking 1680-1683, which was a strong resistance for a long time. (metntioned in all previosu reports) from fundamental it was the last week labor data and unemployment rate , which cause the weakness in dollar and strngth gold, we have CPI...
Must aware of mid-term election results & next upcoming FOMC meeting on December , expecting some bearish pullback momentum for sometime to seek sell-side liquidity
All parabolas break at some point. BUt this breaking here is extremely bearish. No one is talking about this. I am still 100% in cash. Plenty of time to buy. Good luck with this chart Bulls
Would the dollar fall short from that support area? Looking at the dollar from a technical view we are currently in & uptrend, we can see price is currently holding @ a major support area around $(109.69) area if we see our H4 bar close below that support area we can potentially see price move back short into our 200 EMA. if we keep hold of our support area...
DXYUSD daily guidance is neutral with a bearish bias. Recommended ratio: 42% DXY, 58% CASH. * MINOR SUPPORT WATCH . US Midterm elections are underway and the polls are getting ready to close soon, Republicans are expected to control both the House and Senate when the results come in. DXY, US Long-Term Treasuries, CNYUSD, Metals, Agriculture and Cryptos are all...