Dxyshort!!!!!!!!!!!!!
DXYAre we finally approaching the top of this move? Or is everything going into a bear market and DXY is just getting warmed up. Let me know what you guys think & thanks for following me and watching my videos. :)
BTC BULLISH RALLY MIGHT START FROM NEXT WEEK! HERE'S WHY??Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this important BTC and Dollar index comparison. Dollar index is inversely proportional to the BTC.
We might see a bullish rally in BTC from next week. Here's the reason.
As you see in the chart of DXY, it is reaching its major resistance level which is at around 103 level. Previously two times we saw the rejection in the Dollar index exactly at this same level.
While the Dollar index gets rejected a new bullish rally starts in BTC. So if we get the rejection from the same level this time also then we witness another bull run of BTC.
Invalidation level:- If DXY breaks and closes above the 103 level (Any weekly candle) then this chart becomes invalid.
Let's hope that we got the rejection this time also and we see a new bull run of BTC.
What do you think about this?
Do you think DXY gets rejected from the resistance and we see a bull run or do you think that it breaks the resistance level this time?
Share your views in the comment section.
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#DXY is giving us a hint for the upcoming move in the market.I'll keep it short and simple.
Overextended rally in DXY adding up to bearish divergence in RSI and similar fractals are indicating a rejection at the current level.
Rising wedge channels are normally bearish in nature. A reversal candle will trigger the move and eventually, the traditional market will move along with Crypto Market.
The index must close below the red MA for the final confirmation.
Although we are at a decisive point, the patterns are indicating a potential bearish move.
Invalidation:- Break and close above the upper resistance trendline will invalidate the chart.
Let me know what you think.
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The US dollar is about to die !As you see in this analysis we tested 0.618% for the third time in monthly frame and we can’t passed it and the Elliott wave counts said we are going to 20-26 zone with big dump and i think the Chinese yen will replace it as the approved currency and we can say now goodbye USA for ever without returning and destroying countries.
DXY FINALLY RESPECTED OUR PREVIOUS ANALYSIS🔥 🔥 🔥 🔥 🔥 I recently published a setup on DXY reversing bearish, Finally market respected our analysis
For more setups click on my Twitter tag below🔥 🔥 🔥 🔥
WHAT DO YOU THINK ABPUT DXYDXY has been buying strongly for some time now, It has gotten to a weekly supply level, is it time for a bearish reversal ?????
REACT TO WHAT YOU SEE 🧐
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..
DXY Technical Analysis Chart ( inverse proportion To Bitcoin )DXY - Long term Technical Analysis:-
TimeFrame:- 1 Week
✨DXY is currently at $100.5 Level.
✨DXY is Moving in a Bigger Support & Resistance Zone.
✨Multiple Price Rejections are seen from Support & Resistance zones.
✨Price is in Crucial Resistance level of
$100.5 - $103 level .
✨RSI bearish Divergence is also seen, While RSI is in OverBought levels.
✨Bearishness is expected in DXY by looking at Current Price Action.
✨We need to wait till the confirmation of Price Rejection from the Resistance zone.
✨ If the Price reject then it can go to the levels of $95 , $93 or $90
✨ For Bullishness in DXY = Price needs to give a Breakout of $103 level with Strong Bullish Green Candle and should give closing above it.
✨If DXY gives a Breakout, Then the Price can go up to levels of $115 - $120 or higher.
Conclusion =
1)- If DXY Breakout Above $103 Mean Bitcoin Super Bearish and Target would be $34000 Again.
2)- If Rejection as per the chart then we can see Bullish Mode Continues And Target would be $52800.
Folmula = Y = 1/X
Where Y = DXY
and X = Bitcoin
Thank you for Reading.
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Third wave has probably started in DXYI suppose third wave has probably started in DXY. Pay attention, I have closed USDJPY longs because it is going to fall dramatically if this setup is true. Good trades to everyone and a Happy New Year. :)
Trading is an easiest business in the world. Just sole rule! Don't buy at the top and don't sell at the bottom.
Roaring 20s is about to start as the dollar is at a 40 year peakThe monthly suggests a wyckoff distribution schematic 2: Phase C. It's about to get super wild for emerging economies and financial markets.
DXY HIGH TAKE OUT!This chart visually you can see the narrative paint the picture:
Price has dipped down to eat the buy and sell stop orders accumulated at the bottom of base zone to continue for more liquidity in the higher structure levels.
Therefore it is a great time to short EURUSD
Happy trading Family
I AM NO FINANCIAL ADVISOR
NEVER TRADE WHAT YOU CAN"T RISK TO LOSE>
DXY SHORTS SHORT TERM📉📉📉📉 Expecting short-term shorts on the DXY from this area as price takes out liquidity above the 100$ 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 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 and BitcoinThe analysis I make is just an idea not an investment advice. Please manage your risk while trading and please make your investment decisions only by yourself.
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..
DXY LONGS 100 📉📉📉Dxy touched 100$ as i told in the previous posts, we broke the monthly range area and i think new highs are expected on DXY. Strong USD after the FOMC meeting.
What do you think ? Comment below..
DXY Monthly ChartDXY is the US Dollar Index. I believe if DXY is bearish crypto is bullish and vice versa. I think DXY will reject this 100 level and come back to the 95s making crypto bullish!
DXY-US DOLLAR INDEX--- BEARS TAKING OVER-SHORTThe markets are now correction and despite the fact the dollar has had a slow rally in 285 days it struggles to gain momentum and stay bullish. Now you can see from the charts that its heading into some sort of consolidation zone and I would personally short the dollar if I were trading it. I do not have any open positions on the DXY and I would watch it carefully. It seems like it would go bearish after a consolidation period the break out to the downside. Find out whats happeing with the dollar here in this TA Video...
Disclaimer
I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this TA,(Technical Analysis) are for informational and educational purposes only and do not constitute financial, investment, trading, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using or reading this technical analysis or site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this analysis, or post.
