Is DXY under Elliot’s ABC Correction Phase?I just checked in d1 timeframe and it seems that DXY is about to finish correction A Elliot’s wave, but also I added the supply zone in this chart which is related with my latest DXY analysis.
Dxyshort
🚨DXY Index is Ready to Fall🚨(1-hour)🏃♂️The DXY Index is moving in a 🔴Heavy Resistance Zone🔴.
🌊According to the theory of Elliott waves , the DXY index is near the end of five impulsive waves .
🔔I expect wave 5 to end near the Resistance line and 🟡 Price Reversal Zone(PRZ) 🟡 and start to fall.
DXY Index Analyze ( DXYUSD ), 1-hour time frame ⏰.
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DXY New Week MovePair : DXY Index
Description :
It has completed the Impulsive Waves " 12345 " and Making its " A " Corrective Wave. We have Break of Structure with Retracement it can Reject from Fibonacci Level - 38.20% / 50.00%
$dxy #dxy #elliottwave short wave c 3Sep23This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
DXY 4hrs AnalysisDXY is back ay the resistance (Supply zone) which has held severally in the past and it has formed double top. There are two possible thing that could probably happen this week. It's either the price continue to drop or the price would reverse and break the resistance and
What's your thought on this?
$dxy #dxy #elliottwave short wave c/y of x 1sep23This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
NZDUSD SWING SIGNAL LONGHello trader friends
New Zealand dollar to US currency pair
Considering the breaking of the dollar index, we can think about long transactions
Due to the inclusion of the pivot in the 4-hour period, there is a possibility of a phase change from bearish to bullish in this currency pair.
Therefore, according to the appropriate risk and reward, we can enter into long positions
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DXY August 6th 2023 Predictions Update Pt 3Okay so we go back to check on my record for predicting price movements and see we are on track to follow that speculation. We will see some ranging and a continuation in decline. Aaron C. AKA TruthakaWallStreetakaCookie, Owner, Konnect One Forex Signals
$dxy #dxy #elliottwave short 28aug23This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
XAUUSD (GOLD) NEW ANALYZE DAY TRADINGAs we mentioned in the previous analysis, the price reacted to the specified areas and we managed to make a profit in these areas.
But in this analysis: considering the bullish structure of gold, we are still looking for suitable positions to buy.
The price can return from two areas, which is indicated by the pattern in the chart, and the golden area is drawn, which is a very suitable area for buying.
I hope I have helped you
I will be happy to comment your opinion
Be happy and victorious
$dxy #dxy #elliottwave short 24aug23This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
DXY New Week MovePair : DXY Index
Description :
DXY Index is Following Bearish Channel in Short Term Frame and it has Breakout the Upper Trend Line it can Reject from the Previous Strong Resistance ( 104.578 / 104.668 )
And in Long Time Frame it is Following ELLIOT WAVES Theory , according to it will make its " 4th " Corrective Wave at Fibonacci Level " 61.80 / 78.20% )
🚨DXY crash after 🐮Bull Trap🐮🚨↗️DXY Index reacted well to the Resistance Line .
🌊According to Elliott wave theory, DXY completed 5 impulse waves at the resistance zone by 🐮Bull Trap🐮.
🔔I expect DXY to drop to at least one of the Fibonacci levels that I specified in my chart.
U.S.Dollar Currency Index ( DXYUSD ) Analyze, 4-hour time frame⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
DXY 15 min ... where can i open sell position ?Good news has made the dollar remain stable at the resistance zone…
price can reverse from dynamic resistance in 103.64 or 103.79
you can set alert on this area after confirmation you can open sell position
my target is 101.88
stop loss need for any position
good luck
📈DXY daily chart pattern📉TVC:DXY
CAPITALCOM:DXY
Hello traders, please check my previous ideas about the dollar index.
If the price stabilizes above the 3-hour Bollinger Midline, the probability of a bullish scenario and a break of the pressure zone (the area between the two trend lines) increases.
Otherwise, if the dollar index fails to maintain the support of the 3-hour middle Bollinger line (around the 102.5 level), the bearish scenario will continue to the 100.9 level.
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CrazyS✌
Is DXY Poised for a sell OFF?? Is DXY Poised for a sell OFF?
The market broke structure to the upside, on the 4hrs timeframe,
I expect the market to trade to a supply zone at 104. I expect the the market to start pulling back once we come to the supply region. we just have to be ready to capitalize on the position.
GOLD UPDATE ANALYZE 45 MINDear friends,
Hello. The analysis of gold has come true, and considering the conditions that have emerged, the path for upward movement has become smoother. Currently, the price is oscillating within an ascending channel, with the channel's resistance coinciding with an orange-colored base. We expect a reaction to this level and will be looking for buying opportunities in suitable areas within the lower bases, with the formation of a trigger for gold buyers.
Winter is coming???DXY is under resistance and may goes down again.
Market is waiting for Jackson Hole Symposium, but, its like
US Dollar can weak again.
Trade safe.
Good luck.
DXY Index New Week MovePair : DXY Index
Description :
Strong Resistance Level
Bullish Channel as an Corrective Pattern in STF
Completed " 12345 " and " A " Corrective Wave
Impulse Correction
RSI - Divergence
$dxy #dxy #elliottwave short 14aug23This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
DXY Analysis. Its close!Hello Everyone. I want share my idea about DXY.
In my last idea DXY price went exactly as i planned.
( I will link in that post that idea )
After big news what was CPI we had big fall which retest Aug low and came back to weekly trendline. but what we have here now? what is my plan for next week?
We are at really important place because its close to July Strong high ( from here we saw pretty Bearish movement which was almost with no LH and broke Weekly support)
Weekly trendline (from that trendline it touch 4 times and after all the touch we saw big bearish movement, its 5th touch) and daily resistance ( here we had many touch).
My price prediction is short but i will open my short position after i see FOMC news, i think at the new day we will see some real movement of dollar. I would like to see retest that all zone what i mentioned and see if sellers are still strong or not. If seller will be still active we will see one more strong down side movement.
DXY Dollar Index The Dollar Index (DXY) is presently situated at the upper boundary of a trading channel, accompanied by several concurring factors that suggest potential selling opportunities. These include the possibility of encountering resistance near the range of 103.380 to 103.450, aligning with a notable rejection point. Furthermore, there is the presence of the -0.618 bullish Fibonacci target, potential rejection candlestick formations on the hourly chart, contact with the 200-day moving average, interaction with a descending trend line stemming from November 2022, and the impending trading session tomorrow, which adds another layer of convergence to the analysis.
🔔DXY is ready for Pull Back🔔As I expected, DXY broke the resistance lines , and now DXY is moving near the 🔴 resistance zone($103.80-$103.38) 🔴.
🌊According to Elliott wave theory , DXY completed 5 impulse waves at the resistance zone.
🔔I expect DXY to drop to at least the uptrend line in the next few hours.
U.S.Dollar Currency Index ( DXYUSD ) Analyze, 1-hour time frame⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
