DOLLAR INDEX (DXY) Time To Recover?!
Dollar index leaves reversal clues:
the price has broken above a falling trend line on 4H
and has set a higher low before the breakout.
We haven't seen a strong pullback on dxy for a while,
so it looks like it's finally the moment to recover.
Intraday goals:
91.5
91.4
US
90.75 Key Level to Watch on DXYPrice stalled as we approach a 2018 level marked at 90.565. Specifically, price broke above this level back in 2018. Over on the hourly, we're seeing price holding higher on the 90.75 level. If price holds, we can expect short term upside and trade around our major pairs accordingly.
NASDAQ US100 Chart Analysis December 4
Hello,
“Make it simple, make profit”
It’s BitcoinGuide.
Don’t forget to
“Follow” me and press “Likes”.
If you "follow" press,
In real time, you can check major sections and move,
Real-time "update I dea" can be checked.
I will begin NASDAQ ZeroMarket US100 Chart Analysis for December 4th.
writing two analysis a day is difficult.
It's a NASDAQ 30 minute chart.
It is a two-way, short-position strategy.
Is a sideways guarantee,
Because the pattern is irregular,
This is a very difficult section to analyze.
If today's trading strategy is correct,
You will be able to see the magic.
Centering on the green parallel line,
Each major section has been marked.
I marked section 1 and section 2.
*At current location,
You should never break through section No 1.
Because it can rise vertically,
Trading strategy failure.
Adjustments should be made in section No 1.
*Without rebound from current position,
In case of immediate adjustment,
If you touch section No 2
At the highest point,
Whipsaw is very likely to come out.
To be precise,
Short -> Long -> Short -> Long
Becomes a switching strategy,
If the No 2 downtrend comes first,
Long -> Short -> Long
It changes to the switching strategy.
Check each major section.
Stop-loss required, Please Trading safely.
Thank you.
AUDUSD: Pullback From Key Level
AUDUSD is approaching the year's high 0.74 level.
Yesterday, once the level was tested, the price reacted immediately and bearish engulfing candle formed on a daily.
Taking into consideration slowing market, chances are high that we will see a pullback.
Goals:
0.731
0.725
US Oil Daily Frame :: When And Why Buy And Sell !! Hi Pro Traders ♥
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Frame : Daily --
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♦ Reasons To Enter Sell Trade ♦
🀄️ Back From Resistance Area
🀄️ Back From Trend Line
🀄️ Can't Break Out POC Line
Why Buy ?! I Will Tell You
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🀄️ Break Out Resistance Area
🀄️ Break Out Trend Line
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November 30th NASDAQ US100 Chart Analysis
Hello,
“Make it simple, make profit”
It’s BitcoinGuide.
Don’t forget to
“Follow” me and press “Likes”.
If you "follow" press,
In real time, you can check major sections and move,
Real-time "update I dea" can be checked.
I will begin NASDAQ ZeroMarket US100 Chart Analysis for November 30th .
It is a 30 minute chart, a long position strategy.
To be precise,
Short -> Long switching strategy.
You must not break away above the maximum, red support line.
Thank you.
EURUSD: Important Structure Ahead!!!
With DXY weakness EURUSD keeps growing.
We saw a nice expansion this week and it's time to look for the next strong supply area.
I am paying close attention to the confluence area between:
1.2 horizontal resistance (current structure high);
Rising trend line ;
1.272 extension of the last bullish leg.
I won't expect a major reversal from the identified area,
rather a pullback to 1.195 at least.
I will be looking for a confirmation on lower time frames before I short.
Good luck!
EURUSD: Important Structure Ahead!!!
With DXY weakness EURUSD keeps growing.
We saw a nice expansion this week and it's time to look for the next strong supply area.
I am paying close attention to the confluence area between:
1.2 horizontal resistance (current structure high);
Rising trend line;
1.272 extension of the last bullish leg.
I won't expect a major reversal from the identified area,
rather a pullback to 1.195 at least.
I will be looking for a confirmation on lower time frames before I short.
Good luck!
NZDUSD: Catching Pullback
NZDUSD has reached a resistance line of a rising parallel channel on 4H.
The price has formed the sequence of 3 dodji candles on that.
On hourly the price went rejected multiple times and formed a double top formation.
Now I expect a pullback to support of the channel.
Goal is based on 618 retracement of the last bull impulse - 0.6973
USDJPY: Potential Bearish Scenario
USDJPY is trading within an ascending triangle on the hourly chart.
Taking into consideration that the trend is globally and locally bearish,
I remain bearish biased and expect a trend continuation.
In order to catch the next wave, I would suggest being focused on 103.67 - 103.73 hourly demand area.
If we see a 1H candle close below that, it will be a strong selling signal and bear run will most likely start.
Next goal will be - 103.4
(in contrast, if we close above 103.9 level, the setup will be invalid)
USDCAD Still Looks Bearish
USDCAD is still trading below a strong daily structure resistance.
Yesterday's daily candle closed retesting the underlined level.
Because the trend is bearish, probabilities are high that the price will keep going in the direction of a trend.
I expect the price to drop.
Goals:
1.301
1.295
NZDUSD close to breakout for ascending triangleHello, my fellow traders hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into it.
As we can see, the price is inside Ascending Triangle and is now close to breakout. One should wait for confirmation.
Let us know your views on this in the comment section. Thank you all.
There is good news for our followers. We will be analyzing on-demand. So, let us know which pair you want our analysis on, and we will get it for you. Do like and follow us.
NZDUSD: Short Trade Explained
NZDUSD is approaching a local structure high that was previously reached 12th of November.
the price has violated the support line of a rising wedge pattern once it reached the underline structure
and currently it is trading within a narrow horizontal decision range.
0.6896 - 0.6915 are the boundaries of that range.
an hourly candle close below that will be a strong bearish signal and will most likely trigger a selling reaction.
wait for a confirmed violation and sell aggressively or on a retest.
goals:
0.68715
0.685
0.682
in case of an hourly candle close above the range, the setup will be invalid.
US Election -- 3rd party Percentage100% - Biden % - Trump %
Easy 'Math Chart'
I expect this to continue to decline as we get closer to Nov 3
People will choose the lesser of two evils however they see it
Much love
xoxo
snoop
EURUSD May Start Growing! Here is Why:
EURUSD has reached a very strong demand zone yesterday.
We see a perfect match between a major falling trend line & horizontal daily structure support.
+ on hourly the price has formed a double bottom with a higher low as a confirmation.
the price has easily broken 1.718 resistance with a strong bullish candle and now will most likely keep growing.
next goal:
1.1826