Mid term forecast of gbp/usdZEYAN here!!!!
I'm looking at the market as a bear, and as far as I can tell, in the medium term, it's more bearish then bullish
This is a general idea of how I view the market; I use algorithms to determine trend and different entry techniques; please do not take this information at face value; conduct your own research.
If you want me to analyse your charts, please let me know in the comments.
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This is not financial advice; please conduct your own research and use this information as confirmation in addition to your own analysis.
Dxylong
DXY SHORTS ACTIVE 📉📉📉Expecting bearish price action on DXY on a short-term perspective as price should fill the huge bullish imbalance that was formed on friday due fundamental reasons, there is also a possibility that price will take out weekly highs liquidity and then quickly reverse to the downside.
This perspective is only on a LTF basis, from a HTF perspective DXY is very bullish.
What do you think ? Comment below..
DXYThis is a quick breakdown on the DXY (Dollar index) and what I see for start of the trading week. Overall, I see the DXY bullish breaking 100.750 area and doing a simple break/retest on that previous high. You will also notice on the 4H chart that engulfing bullish candlestick that shows that the buyers are not done in this market followed up by the ascending channel that was created prior. Pairs to watch for this week; GBP/USD, USD/JPY, XAU/USD, & EUR/USD.
DXY SHORTS SHORT TERM📉📉📉📉 Expecting short-term shorts on the DXY from this area as price takes out liquidity above the 100$ institutional figure + weekly highs area. VIX should go down STOCKS should go up from a technial perspective meaning DXY has a high probabilty to go down, be mindfull that this in only SHORT-TERM ANALYSIS on the DXY as i am bullish on a mid-long term perspective
What do you think ? Comment below..
DXY WEEKLY RISE WEEKLY TRENDLINE being respected from the breakout of previous trend
WEEKLY DOUBLE BOTTOM or "W" formation first confirmation of reversal, left bottom in JANUARY 21' and right bottom in MAY 21'
AFTER BREAKOUT WEEKLY BEARISH TREND
Market starts forming HH's and HL's creating a weekly bullish trendline with bullish continuation patterns... candles on daily and weekly timeframe respect this trendline on every touch
1ST TOUCH - SEPTEMBER 21'
2ND TOUCH - end of OCTOBER 21'
3RD TOUCH - JANUARY 22' (on the daily it looks like a fakeout but really is a pullback to previous weekly HH which is fib retracement 61%
4TH TOUCH - APRIL 22' is my predication and if weekly candles respect trendline again plus confirmations on smaller time frame then ill expect bullish continuation
EXPECT "USDxxx" PAIRS to rise and "xxxUSD" pairs to fall
DXY create ab=cd pattern. So BUY Now.....
N.B-In this situation DXY chart create ab=cd pattern.
So, Market needs seems to sell correction To Support Zone.
Then market fully bullish 100.400 AND 100.850 Resistance Zone.
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DXY Forecast week of 04/10hello friends,
as we can see here price broke structure and tested the eql of a LTF Bearish OB which could mean a temporary reversal to the LTF demand shown. All this is taking place inside a HTF OB so we could be in HTF reversal zone as well. if we hold todays lows we should break resistance this week and close with a retest of structure as shown above.
DXY SHORT-TERM SHORTS 📉📉📉 Expecting bearish price action on DXY after price made the breakout from the monthly range, right now we saw a draw on liquidity above 100$ level. From a mid-long term perspective DXY aka USD is very very bullish but from a sohrt term perspective we can catch a risk counter-trend trade from this area right into bearish POI's. 99.000 final targets
What do you think ? Comment below..