Get started

Dxyshort!!!!!!!!!!!!!

DXY | The last target for climbing📍Hello traders, Dollar Index ( DXY ) in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe. In the wave count that was performed at higher times, a leading trend was formed and from this trend, waves 4 and 5 remain. Wave 4 was originally intended as a flat, but wave c, which we identified in the count now, did not look like a leader, and we assumed it to be a triple zigzag. So the count has changed to triangle and from this triangle the waves a, b and c are complete and now we are inside the wave d. From wave d, wave a continues to form. Wave a forms wave 1 and 2 and we are now inside wave 3. From wave 3, the 1, 2, 3 and 4 microwaves were completed and, as we said before, an ascent was formed for wave 5. We think this wave forms its three microwaves and needs a correction and an ascent to complete. If the correction moves beyond the bottom of the canal, the ascending phase has probably changed to descending, and it is necessary for the green dot to be broken to continue the ascent. 🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏 ❤️Please, support this idea with a like and comment!❤️
TVC:DXYShort
by mahdisoltaninjad
DXY (US DOLLAR INDEX) AT THE SUPPORT.Welcome members to this important update on DXY in 2 hours timeframe. I am posting this chart on DXY because one of my members mentioned DXY in the comments section and I thought of sharing it with all of you. So, if you guys have queries about any particular coins to tokens then do let me know. I will be more than happy to help. Well, coming back to the chart. The DXY looks pretty interesting here and I guess you all should know about this. BTC and DXY are correlated with each other. Since the beginning of Bitcoin's trading, one can notice a negative correlation between the BTC price with the DXY. If the DXY price falls, BTC rises – and vice versa. It is similar to USDT dominance when we compare it with BTC but the chart of USDT dominance and DXY is completely different. Ok, so, here's the current status of DXY. DXY has been forming a bearish rising wedge pattern (correct me if I am wrong) and the current price is at the bottom trendline which means either it will bounce from here or break down. We may possibly see one more bounce towards the upper trendline but can't expect much volume and eventually a rejection towards the lower trendline. The RSI is falling weak which is another sign indicating DXY to be bearish. So, the confirmation point will be the lower trendline and that will be the key area to look into. What do you think about the US Dollar Index? Share your views in the comments. Like and follow for more interesting updates. Thank you and trade safely.
TVC:DXYShort
by Dexter_The_Trader
2
DXY 95.81 - 0.3% SHORT IDEA * PRICE ACTION & REVERSAL PTTNS HEY EVERYONE HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE SOME OPPORTUNITIES IN THE COMING WEEK. LOOKING AT THE DOLLAR INDEX * The index has been trading in a descending channel currently range bound in a descending channel. * Looking for that lucky number 3 touch to see the index respect the descending structure and bearishly rally to test the base of this structure. * The index already saw a delay at the base of the descending triangle structure which may signal having gardered momentum to go give that 3rd touch. - should this happen looking for shorts on the dollar index, a break above changes the whole plan. lets see how it goes IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE SMASH THAT LIKE BUTTON & LEAVE A COMMENT. ALWAYS APPRECIATED ____________________________________________________________________________________________________________________ * Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT. _____________________________________________________________________________________________________________________ | * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - SWING TRADE
TVC:DXYShort
by PULEMokhothu
1
Is DXY about to fall?- We can observe some interesting price action with DXY. - Price made a LL after breaking the last consolidation area' low. - Price formed a double top pattern and then dropped 100% again with a strong bearish movement. - Price started retracing in an ascending channel after reaching 90.000 (Major S). Price now at the golden fib zone and already made a very long engulfing pattern on weekly timeframe. - We we wait for the price to break this ascending channel and after the retest we have a confirmation for a big bearish movement.
TVC:DXYShort
by Sphinx_Trading
Clear skies ahead for the DXY.The DXY looks set to continue to trade in a ranging motion to the upside as this is a historically messy region. It is likely that the price will continue to trade in a random walk manner with no clear direction until it breaks out of the 95.8 to 97 range. My guess is that it will break to the upside for the final wave 5 impulse so look out for that. I'd cautiously long the DXY at these levels, otherwise a larger entry on a pullback or entry on a breakout would be much preferred.
TVC:DXYLong
by IkanBilisCapital
One more drop before Take Off??Hi Traders, Friday's volatility caused some massive sell offs across the board, especially with JPY pairs. The US dollar gained some momentum but in my opinion, it's short lived. We had a strong Impulsive push down from the upper boundary of the ascending channel and now price has sinve been consolidating which I feel will drop to the previous low before heading to the mid 97.00 range. Anything can happen, follow your trading plan and trade safe. Comment below and share your view on this pair! Click the like button if this helps you!
TVC:DXYShort
by ktlfx
DXY | The best target for climbing📍Hello traders, Dollar Index ( DXY ) in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe. In the wave count that was performed at higher times, a leading trend was formed and from this trend, waves 4 and 5 remain. Wave 4 was originally intended as a flat, but wave c, which we identified in the count now, did not look like a leader, and we assumed it to be a triple zigzag . So the count has changed to triangle and from this triangle the waves a, b and c are complete and now we are inside the wave d. From wave d, wave a continues to form. Wave a has formed its waves 1 and 2, but what is in doubt is wave 3. The main wave 3 has completed its 1, 2, and 3 microwaves, and in the case of waves 4 and 5, we assume that wave 4 is triangular and wave 5 is not yet formed. We think this uptrend for wave 5 will start after a short decline. 🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏 ❤️Please, support this idea with a like and comment!❤️
TVC:DXYLong
by mahdisoltaninjad
1
DXY EXPLAINED 📉📉📉🎯 DXY - USD Index USDINDEX - The U.S. Dollar Index (USDX, DXY, DX, or, informally, the "Dixie") is an index (or measure) of the value of the United States dollar relative to a basket of foreign currencies, often referred to as a basket of U.S. trade partners' currencies, this index helps us to understand if USD is bullish or bearish on a short term or long term perspective. 🎯 DXY has two correlations one of them is positive meaning the certain assets moves like DXY and negative corelation meaning certain assets move exactly vice-versa. ✅ DXY Positive Correlations DXY ⬆️ USDCAD ⬆️ USDJPY ⬆️ USDCHF ⬆️ USDRUB⬆️ USD XXX ⬆️ ✅ DXY Negative Corelations DXY ⬆️ EURUSD ⬇️ GBPUSD ⬇️ AUDUSD ⬇️ NZDUSD ⬇️ From a technical standpoint to have a better probability in your trades try to find entries when both DXY and for example USDCAD are in long poi (point of interest) this will increase your chance of having profits as you use inter-market correlations
BINANCE:BTCUSDEducation
by AnonimFXRO