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Darius

DXY long - Supply Demand, Key Level, StructureHello Traders! Fundamental: I still see the DXY super bearish. Just remember we still have bad economy, The FED is still printing a lot of Dollars. This leads to the devaluation of the DXY. Chart: Also on the chart we can see only bearish signal. We are dropping very strongly from an important Key Level (100). We broke through the 95. But now it is time for a Correction to the upside. As we can see the market is providing us a corrective up trend structure. Also we go upfront a daily Supply Zone and the Key Level. I do expect at test of the level. Also this move would fill the orders from the daily Supply Zone. This will lead afterwards to a strong drop to the downside and the market will continue to follow the overall down trend. But for now I do expect a push to the upside What do you think of DXY? Long or Short? Write it down Thank you and we will see next time - Darius.
TVC:DXYLong
by DariusFxTrading
2
EURUSD long - Elliot Wave, Impulsive, CorrectiveHello Traders! On EURUSD the correction is not done yet. If we are going to have a look on the Elliot Wave Correction Pattern we can clearly see that we started Wave C. This Wave will bring us down to the weekly Support, exactly at the 0.382 Fib Level of the monthly impulsive. Afterwards I do expect Wave 5 which will bring us to 1.2400 That was my Idea and I hope you liked it. Please leave a LIKE if you like the content. In the comment section you can share your view and ask questions. Thank you and we will see next time - Darius.
Short
by DariusFxTrading
4