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Oneworld

DXY short term short - major swing longStill working on the premise of a weaker Dollar for another couple of weeks. However, I don't think the DXY drop will be as severe as some of the publications on-line are suggesting. From what I have read the general consensus seems to a "pick me" year should we tackle the Covid-19 situation. However, that play is too obvious. The top earners accelerate their wealth whilst there's blood in the streets as Baron De Rothschild put it. Ultimately the SPX is so hyperextended it needs a breather if nothing else. But with the Monthly stochastic looking for a bigger rise in DXY, it's likely to drive gold down and SPX along with it. Keep an eye on key levels marked on the DXY chart. 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.
TVC:DXYShort
by Mayfair_Ventures
4
Long term basing pattern - preparing for a BIG move !!When I first got back in at the beginning 2020 at 560 satoshi I did not realize yet that it was THE bottom for Stellar ! So I got shaken out of it during the "COVICRASH" in march 2020. Today I realize that XLM is basing out beautifully and preparing for a BIG move (big base - big move). SIDEWAYS PATTERN FOR ALMOST 12 MONTHS !! OBV is rising consistently. Volume is solid also... there was a HUGE volume spike on 13th march when I sold !! That was the panic low ! THIS DATE IS NOT CASUAL and means a lot in occult terms ! 13 03 2020. RSI is rising consistently and is forming a positive divergence to the (sideways moving) price. It is time to take a position. This morning I sold 50% of my VET position after a 100% run and bought XLM with the proceeds. XLM is one of the chosen ones and its future will be stellar !
Long
by Dangermousebanana