


VPRoland1997
PremiumI can see one more leg up from the bottom of this forming Triangle. If we can hold the price above the range VAL, then my TP1 would be the POC, TP2 the Golden Pocket, wich is in confluence with the actual Triangle trendline resistance. Stop loss is near by the 0.882 Fib level, because if the price would fall to this level, the full triangle plan would be invalid. ...
I think after a big up move, the DXY will spend some time at this Range. The first support before the bottom of the range is at the Golden pocket, wich is confluence with the Daily level, and under the daily we have some equal lows, wich the market will, with a big chance break down. Until we come for this level, the other Markets as ES+BTC, can show some strength.
The price is at the bottom of the range, where we have confluence, with the Golden Pocket+ VAL of the range. After some SFP action, it has chance to visit the middle of the sideways range again , wich is in the same area with the top of the descending channel, and the Range Poc.
I think after some consolidation at this no man's land we will come down to the last 12H BULLISH OB, wich is in confluence with the Golden POCKET. In this zone i would like to see some fakeout type move from this actual channel into the previous mini range POC, and from there a big reaction to the up move, and I think, if this SCENARIO is correct, then my target...
On the Weekly TF we arrived to the 0.786 Fib level, from here when we would have some bullish price action on the LTF, then I think that we can go higher until the 0.618 level. We have some confluence at this place, as I mentioned in my previous post.
The price came down to the previous Monthly Bullish OB. Inside the OB it formed a Descending Channel. Now we are at the bottom at this Channel, and we have Confluence here with the 0.786 Fib level. I want to see to climb the price this 1H OB, what is actually the mini resistance, when this happened, likewise will have some upside for the price.
Entry is the 12H Breaker Stop loss is under of the 12H Bullish OB Take Profit is on the D bearish OB+0.786 FIB level
BNBBTC reached the top of the channel, if from the actual 12h Bullish OB becomes a Breaker, than that can gives for us a good short opportunity. Stop loss is above the highs. TP 1 can be the bottom of the channel TP 2 is between the Daily level+the 0.882 FIB SPEED FAN.
I think, that the next big resistance area for the DXY will be at inside thix green box It has more confluences like the - 0.5 Fib level from All time high - Monthy Bearish OB Zone - Liquidity Zone - 0.75...