DXY Downlink formationDXY Downlink formation
Tipping point with down channel seduction
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Dxyshort!!!!!!!!!!!!!
DXY possible drop!!DXY ( 4h) has broken the support to the downside and opened with a gap down today. The price is just below daily support and 20EMA. As there is head and shoulder on the daily, There is a possibility of dropping the price to the downside to monthly support. As the monthly candle close, we could drastically drop as per price action formation.
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The BLUE PRINT.Price has 3 moves:
1. Up
2. Down
3. Sideways aka CONSOLIDATION
Learn these moves and you have found your Broken slot machine.
Anytime the DXY breaks south like this EURUSD will Go to the North Pole:)
The DXY is the only INDICATOR you need. It doesn't LAG and is real time price action.
This chart is self explanatory.
Never over leverage.
Always trust your trade set up. You're rarely wrong just EARLY. So let your trade develop with TIME.
Most importantly : HAVE FUN!
I AM PRO TRADING MADE SIMPLE.
I REPRESENT #SniperGang
The Action has Begun!The DXY has opened Bearish.
The 15min TF on the DXY has a GAP at 107.151 - 107.209. The DXY likes to fill imbalances sooner than later.
Leveraging this wisdom in confluence that there are imbalances to fill on EURUSD the Long Set up now is in effect.
There are 20 pips in the zone 1.01434 - 1.01711 that price is clearly going to fill up.
After EURUSD Rebalances those imbalances there should be a very heavy DIP SOUTH when all of the expected NEWS hits today.
Look for signs of the dip at 1.02206.
Never Over Leverage.
Trust your analysis and give it time to develop. Remember patience is key and nothing great is built quickly therefore allow your trades to mature. Remember you're almost never wrong just early.
This is a 6 Trillion Dollar Space so the $ will never run out. Have Fun and enjoy the show!
Now lets see how price follows the script today!
I AM PRo Trading Made Simple
WILL DXY GIVE US WHAT WE NEED 🤔On current structure price is forming a kinda reversal pattern which is an ascending pattern so basically there is a higher chance that price will Break below to maybe form a lager head and shoulders pattern and that'll give us more confidence/confluences for a valid drop.
LOOKS BEARISH
Good luck Always stay safe and trade safe!!
50 PIPS UP!!!!! 50 PIPS TILL EXTREME.
Once price breaks Morning Zone Level it has 50 pips to range NORTH.
The DXY has broken South like a Knife off the 50th Floor!
Thus confirming the Long into the extremes of EURUSD.
Learn the ADR of the asset you choose and you will never trade blindly into its extremes.
Each asset has boundaries that it crosses only 20% out of 100.
Leverage this wisdom with the Fact the DXY has made a move south and your short set up will become evident.
Never over leverage.
Trust your trade set up.
Have FUN!
I AM PRO TRADING MADE SIMPLE!
Short on Dollar Index- All Analysis were done on LTF... you can zoom into 1 Min timeframe to see the analysis
- Analysis were based on the smart money and ICT
- Since trading view does not allow to publish less than 15 min time frame, I tried to do it in the 15 min (Scalp is not accepted by trading view ;))
Nasdaq100 in the face of a major resistanceNASDAQ100 index is facing a strong resistance around 12,200 (represented in the 50-EMA) after rebounding from the broader weekly downward channel's lower boundary.
A confirmed breakout of the mentioned static resistance, will open the door for further +5.61% bounce (685 points) throughout the week to 12,885 level.
DXY and US10Y have likely topped out in the near termBased on fundamentals,
1. Recession scare may cause FED to stop hiking interest rates rapidly which has negative effect on Dollar.
2. US 10 Year Bond Yields (US10Y) have also topped out in near term..
Based on technical patterns, we see
1. Double top with negative RSI divergence. See BTCUSD idea which brought bitcoin from 69000$ to 30000$ in related idea linked below.
2. We have a bearish pennant in play now
3. High Correlation with US10Y and similar chart formation as seen below.
DXY - PARABOLIC MOVES ARE NOT SUSTAINABLEDXY - PARABOLIC MOVES ARE NOT SUSTAINABLE
DXY has once again move upside very sharply. This time it has created another bearish divergence after parabolic moves. Remember parabolic moves are not sustainable.
We are expecting it will come down to 103 level before any further upside to test its breakout region.
What do you think of the idea?
DXYA more in depth analysis of the coming correction of the move up from $88-$109.50 my predicted recent price peak IH&S pattern.
An obvious sell off taking place on the Daily TF which will likely hit 50 ema Daily TF target around $104 to complete the HTF A wave in the 1st abc down. Then up into HTF B wave before 5 down into wave C around $98. Crypto should F**king love this move. And our bags are packed!
DXY US Dollar SELLIt's beyond me why anyone is chasing the US Dollar up here with the reckless nature of the US Federal Reserve and Government's fiscal house. $30,500,000,000,000.00 debt and ballooning deficits as far as the eye can see. The US Dollar will collapse and we will have a Great Depression 2 in my lifetime. Long term trend line is around 98, once that level breaks, look out below! Last time the DXY was this high was in 2002, 20 years ago when USA had around $5t in debt and running significantly smaller deficits, before that was 1985. Take the road less traveled and short DXY/ buy GOLD