Bias is Bullish. Price has rebalanced the +FVG, and now looks ready to target the buyside LQ, providing the FVG holds firm. Expecting an Internal->External move. We are just shy of the 2nd standard deviation. I enjoy any feedback or questions in the comment section. All opinions are welcome! LIKE or BOOST this post, if you would. I would be appreciate...
Certainly! The Dollar Index's recent breakthrough past resistance has sparked a wave of positivity among investors. This surge in optimism is likely fueled by a combination of factors such as strong economic data, favorable geopolitical developments, or perhaps shifts in monetary policy expectations. When a market breaks through a resistance level, it typically...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 DXY has been overall bullish , trading within the rising wedge pattern in red. At present, DXY is approaching the upper red trendline acting as a non-horizontal resistance. Moreover, it is retesting a strong resistance zone marked in green. 🏹 Thus, the highlighted red...
Possible scenario for a dull data next week for US30, NAS100 and US500
Expecting more sells after AU get to the 50EMA and sell to 0.62709
Usd broke up higher into the green zone as shown on chart. Could face some strong R here. Just watch and act accordingly. Cheers! **Find out more from my Tradingview Stream this week** *************************************************************************************** Hello there! If you like my analysis and it helped you ,do give me a thumbs ups on...
SLO2 @ 103.85 ⏳ SLO1 @ 103.50 ⏳ TP1 @ 102.50 (shaving 25%) TP2 @ 101.70 (shaving 25%) TP3 @ 101.15 (shaving 25%) TP4 @ 100.25 (closing ALL Sell Orders) BLO1 @ 100.05 ⏳ BLO2 @ 99.55 ⏳ When the Price Action of DXY on the 1-Day timeframe is in a downtrend—on average—it will cause the following correlations: AUDUSD — UT 📈 62% chance of an uptrend EURUSD — UT 📈...
Fundamental Backdrop 1. The Empire State Manufacturing Index which is a leading indicator of economic health, is expecting to improve significantly from -24.6 to -17.7, we could see the DXY rise back up toward the 102 resistance level. 2. With the Unemployment Claims expecting to have almost no change, which could see the overall economic health stabalizing. 3....
Fundamental Backdrop 1. Fed Chair Powell will be speaking later on at 11pm SGT, which could cause more volatility in the index. 2. Will update more after his speech. Technical Confluences 1. Price has reversed from a bullish to a bearish trend . 2. Price is also below the Ichimoku cloud, indicating a bearish market. 3. Near term support level at 103.750 4....
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. Here is a detailed update top-down analysis for DXY. Which scenario do you think is more likely to happen? and Why? Always follow your trading plan regarding entry, risk management, and trade management. Good Luck!. All Strategies Are Good; If Managed Properly! ~Rich
Fundamental Backdrop 1. US ISM Manufacturing PMI was better than previous from 47.4 to 47.7, which shows that the economic health is improving. Technical Confluences 1. Price currently resting along a key H4 support level at 104.500. Idea Expecting price to head towards the intermediate resistance level at 104.850 NOT FINANCIAL ADVICE DISCLAIMER The...
Looking at the H4 chart, my overall bias for SPX is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. Looking for a pullback buy entry at 4087.14, where the 23.6% Fibonacci line is. Stop loss will be at 4015.39, where the previous overlap support is. Take profit will be at 4325.28, where the previous swing high...
there are a few paths we could take between fib with r1 and fib with pivot. rainbow is confirming progression toward resistance in the dollar. dxy down means in this case broader markes indices futures up and crypto large cap (btcusd bitstamp) up. as btc rebounds expect it to go to close sideways with alts up after it attains same high.
Title: S&P 500 E-mini Futures ( ES1! ), H4 Potential for Bullish Continuation Type: Bullish Continuation Resistance: 4208.50 Pivot: 4091.75 Support: 4007.50 Preferred case: Looking at the H4 chart, my overall bias for SPX is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. Expecting price to continue heading towards...
Looking at the H4 chart, my overall bias for DXY is bullish due to the current price crossing above the Ichimoku cloud, indicating a bullish market. Looking for a buy entry at 102.148, where the 38.2% Fibonacci line is. Stop loss will be at 101.504, where the recent swing low is. Take profit will be at 103.448, where the overlap resistance and 50% Fibonacci line...
Looking at the H4 chart, my overall bias for SPX is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Looking for a buy entry at 4002.25, where the overlap support is. Stop loss will be at 3949.06, where the 61.8% Fibonacci line is. Take profit will be at 4107.31, where the overlap resistance and 78.6% Fibonacci line...
Title: S&P 500 E-mini Futures ( ES1! ), H4 Potential for Bearish Drop Type: Bearish Drop Resistance: 4037.50 Pivot: 3966.50 Support: 3788.50 Preferred case: Looking at the H4 chart, my overall bias for SPX is bearish due to the current price crossing below the Ichimoku cloud, indicating a bearish market. To add confluence to this bias, price has also broken down...
Looking at the H4 chart, my overall bias for SPX is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Looking for a possible buy entry at 3888.39, where the overlap support and 50% Fibonacci line is. Take profit will be at 4107.31, where the overlap resistance and 78.6% Fibonacci line is. Stop loss will be at 3764.49,...