Zone for reversalI will love to see dxy buy from this zone. This is because it has returned to the initial zone that accumulation took place. Liquidity has also been taken in the process.
USDX trade ideas
DXY RATE CUTS FEAR?The previous we good number in the US, followed up good unemployment claims. Right now people think the market will collapse, which is something I don't think will happen as we have the FED in place for that. The economy might see downside but not a collapse i'll keep watching the news to see what is next for the dollar.
Bearish Intraday Momentum in DXY: UPDATEUS released better than expected data and pushed the market up into the next resistance zone. one more chance for shorts but if 103.35 breaks its time to rethink the bearish bias
"DXY is showing bearish momentum in the intraday charts, with the price encountering resistance and struggling to maintain recent highs. The indicators reflect a downward trend, signaling potential weakness ahead. This setup could lead to further declines if the current momentum persists. Let’s keep a close eye on the developments!"
Redistribution for #DXY#DXY follows a Wyckoff redistribution which is heading for entrance to Phase E - Markdown 📉
As there's no volume available it's hard to validate the setup. However, the SOW in Phase B and cascade of failures to break the upside resistance are evident signs
DXY Dovish move Bear to dominate till end of August the dollar has been weakening for a couple of weeks now signifying that there might be a chance the pair is trying to retrace back to its lowest low since last year Dec to mitigate the remaining orders as we await the news release of the Building permit I will be patient to see where the dollar will be facing but for now am with the bears as they will try and push the price down @101.054 or for more aggressive traders who will continue trailing the pair to push way down @99.700 entry I would prefer it to be @ around the 102.160
Gold & Silver Hammer on the back of USD weakness!!
Wow, incredible strength in Gold price right now. Will a correction occur? I no longer know. I am staying long for the medium term.
SELL DXYIn today's session we are monitoring dxy for selling opportunities. First entry at 101.925 and second one at 102.030. Targets as low as 101.605 and stops above 102.135. For the beginners this also means we are bullish on EURUSD and GBPUSD and GOLD as well. Use proper risk management.
I'm bullish on the DXY but we will go to the discount firstI'm bullish on the DXY but I think we will go to the discount bellow the Monday range where I will be interested in the longs. Meanwhile setup in the premium of the Monday range can give short setups which means longs on the EUR.
Accumulation / Manipulation / Distribution
- No liquidity raid = No trade
- Never buy high and never sell low
“Adapt what is useful, reject what is useless, and add what is specifically your own.”
Dave FX Hunter ⚔
Dollar could go to the last Fridays high during this week.Dollar could go to the Fridays high
- Accumulation / Manipulation / Distribution
- No liquidity raid = No trade
- Never buy high and never sell low
“Adapt what is useful, reject what is useless, and add what is specifically your own.”
Dave FX Hunter ⚔
DXY can go to the Monday range lows from H4 levelsDXY can go to the Monday range lows from H4 levels
- Accumulation / Manipulation / Distribution
- No liquidity raid = No trade
- Never buy high and never sell low
“Adapt what is useful, reject what is useless, and add what is specifically your own.”
Dave FX Hunter ⚔
We can visit Fridays high if AMD plays out herePrice dipped below Friday's low on Monday and was rejected strongly. Friday's high could be the next target.
- Accumulation / Manipulation / Distribution
- No liquidity raid = No trade
- Never buy high and never sell low
“Adapt what is useful, reject what is useless, and add what is specifically your own.”
Dave FX Hunter ⚔
Dollar is going to the previous weeks high.This is bullish now
Always follow these rules
- Accumulation / Manipulation / Distribution
- No liquidity raid = No trade
- Never buy high and never sell low
“Adapt what is useful, reject what is useless, and add what is specifically your own.”
Dave FX Hunter ⚔
Follow me for daily updates.
DXY is under 102.00 what now?(08/20/2024)DXY finally hit our target under the 102.00 zone.
Since 1 August, DXY has dropped continuously. Right now we are looking for a reversal pattern near the 101.4-101.8 zone.
our view has been negated if the price breaks below the 100.650.
Our technical view has been shown in the chart.
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-RC
(Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.)
Dollar is clearly going to the range highsThe dollar is clearly going to the range of highs. Opening gap and IFVG as supports for entry after stop hunt of some LTF levels.
daily breaker rejection as I predicted from my crystal ball.
Now IFVG as resistance to the continuation to lows.
Always follow these rules
- Accumulation / Manipulation / Distribution
- No liquidity raid = No trade
- Never buy high and never sell low
“Adapt what is useful, reject what is useless, and add what is specifically your own.”
Dave FX Hunter ⚔
Follow me for daily updates.
Dollar ForecastThe dollar has been trending downwards taking out all the Sell Side Liquidity and has traded into a weekly FVG. Are we to expect ranging market before price reverses back to the upside?
