DXY "Dollar Index" Bank Money Heist Plan on Bullish SideHola ola My Dear,
Robbers / Money Makers & Losers,
This is our master plan to Heist DXY "Dollar Index" Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low
Stop Loss : Recent Swing Low using 1h timeframe
Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
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Dollarindexlong
DXY Daily Analysis After taken liqudity of the sellseide and fill the fvg of monthly and change of structure ( Market structure Shift ) and rejection of order block we will see increase of the price to fill FVG of donwn trend and take liqudity of the buyside we will look opportunities of the buy position in low time frame
Could DXY resume its gains?The U.S. dollar index was flat yesterday after the number of Americans applying for unemployment benefits rose to an unexpected five-month high. The biggest move within the basket was against the Aussie dollar, which fell 1% to its lowest in nearly a month after an abrupt weakening of the Australian labor market.
The last dip is likely to be limited to 98 while the near-term uptrend remains intact.
So far, USD is on track for a positive close in November, a month which has historically been favorable to bulls. Yet nothing moves in a straight line and it appears bears could also have their say.
Given the strength of bullish momentum from the 97.00 support one, the bias is for a minor pullback for testing 98.39/45. That area includes the weekly high and 50% Fibo retracement from 99.67 to 97.11 on daily chart. This is a potential trigger point for an acceleration to the upside and for DXY to head towards 98.65 resistance (15 Oct.'s high).
DXY now is challenging the 98.10 support level and the 200-day SMA on the four-hour chart. So, a dip to the 98.00 handle cannot be ruled out. In case of clear break bellow that level, the next support is 100-day SMA on H4 chart at 97.85.
The economic calendar also shifts focus today to the U.S Dollar. Following Powell’s positive outlook on the economy, retail sales will need to impress… On the geopolitical front, updates on trade talks between the U.S and China will continue to influence.
Dollar Index approaching support, potential bounce! Dollar index is approaching our first support level at 95.77 (horizontal swing low support, 61.8%, 100% Fibonacci extension, 50% Fibonacci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 97.24 (horizontal swing high resistance, 100% Fibonacci extension, 76.4% Fibonacci retracement).
Stochastic (89,5,3) is also approaching support where we might see a corresponding bounce in price.