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Dxysell

DXY- SELL strategyProfit taking was slightly early at 95.30, but ok it worked. I felt the run, and pattern looked a bit confusing. Now looking at 4-hourly chart, we start seeing tpping 95.85 and next resistance based on cloud top next to our current is around 96.01. The RSI is little bit overbought, but not extremely, and the stochastic is likely to turn positive. I still feel considering our run upwards, to do a SELL strategy at current 95.75-95.80 area and place stop at 96.17 (for safety). Profit target 95.07.
TVC:DXYShort
by peterbokma
DXY SHORTTo survive in the most difficult market and enjoy life recommendations 1.- Risk Management 1-2% capital per operation 2.- Be patient 3.- Partial profit taking We are at an ideal point to trade DXY Take its last push before its fall and thus be able to buy in the best areas, so we hope that this graph will also generate good opportunities. As you can see in other shared ideas, I do not always win, but I am profitable due to good risk management, my profit ratio is at least 1: 3 Do not go crazy, wait for the entrance or put SELL LIMIT, be smart.
TVC:DXYShort
by ggtecn
Wait for the drop! DXYThe dollar index has been trending upwards from the bottom of the channel since the start of the first week of September. We are approaching the last week of September and waiting for a drop to come. This can happen next week or in the first week of October. We will try to stay out of trades in the coming and position ourselves for the big drop to come. BEAR CASE A fakeout to the upside near 94.00 is likely and we will wait for sell set ups even if it continues to move to the upside. BULL CASE We think the upside in capped on the dollar index, it is unlikely that price retest the top of the channel but if it does, we will sell heavily at near the 94.5 level.
TVC:DXYShort
by IkanBilisCapital
DXY Dollar Index Losing Momentum $90.45This is your tarot chart reading per event. DXY is the most important highlight to watch for all marketeers and traders. DXY is normally to calculate the relative between other currencies and some commodities. 1st rebound is on 7th January 2021 2nd rebound is on 1st June 2021 DXY is good performer when it comes out with stimulus projection or stimulus release. This year 2021 pattern took some major constructive pattern. January to March = strengthen March to June = weaken June to Sep = strengthen Thus, we can expected Q4 the US dollar index will be weaken. As clearly shown that the pattern development on the current constructive pattern is losing. The steam of strengthening losing it's momentum as the stimulus of injection dollar to the market gained less traction control. Based on my calculation, there will be no more upscale towards the dollar projection. Q4 is coming and the all indices will be going into depression. Thus, I am predicting the dollar will hit the value of $90.45 starting next week course developing trend. Zezu Zaza 2048
ICEUS:DX1!Short
by Zezu_Zaza
It's All About The Dollar StoryThe chart you see above is the Dollar monthly chart showing the last 40 years..... As you can see, the last 3 times we got a cross of the Orange 21EMA & Blue 50EMA, we saw a drop in the dollar for 5 years, followed by another 5 years of sideways action for a total of 3650+ days. You'll also notice we have plenty of room to push further down on the RSI, MACD, and momentum indicators. I personally think history will repeat, this last dollar pushes up is temporary IMO and will continue to plunge throughout 2021 and beyond. I've seen many say they believe the dollar will die of strength rather than weakness, but I personally do not agree with that sentiment. I've posted about the dollar a few times in the past and I've continued to hold my bearish outlook on the dollar for several years now. From a fundamental perspective, the dollar will continue to weaken as long as the FED continues to print us into oblivion. Even if we stop, we'll likely only see temporary strength IMO. Overall, the strength we've seen in Stocks, Gold, Silver, Bitcoin, and the crypto markets shows the weakness of the Dollar, and I believe this will continue throughout 2021. It's possible we see a bounce, but unless we see a large push back above the moving averages toward the 95 level we should expect further weakness from the dollar. Remember, be patient, stay level-headed, non-biased, and ahead of the crowd. You can click the charts below to see my previous 2 Dollar charts from last year.
INDEX:DXYShort
by CryptoSyphn