USDOLLAR trade ideas
US Dollar Index $ Possible Change in Market Structure Bullishpossilble bullish momentum in the US Dollar Index.
Watching how price actions react @12118ish.
USDOLLAR - Important Doji on the 886 FIB - Daily - LongThe Doji has spoken :) - well its a daily candle, lets see how bullish the current finishes up.
Possible entries here are a pullback or wait for a break of TL and buy the break (while losing some of the leading gains)
Nicely structured pattern for confluence.
Nice W shape formation on the 4HR following RSI back in the trading zone.
USdollar index thoughts hi I think that is the moment for a correction of the impulsive move
thanks for watching
Maybe we can try a hedge against the EURUSD and the USDJPYFrom the comparison of the different currencies, the EUR and JPY have a wider spread, so we can try a mid term hedging strategy.
Short EURUSD, short USDJPY, until the gap narrowed.
us dollar long IdeaHi, it is getting ready for an up moment watch at the forming structure it seems like the whole cycle ABC is nearly done.
thanks for watching.
US DOLLAR INDEX might soon surge upThe chances are very high US DOLLAR INDEX surges up soon. There might be several reasons for that:
1. Price is oversold. It came down fast without any correction.
2. On an hourly chart, the price is forming a pattern which usually features a correction or a complete reversal.
3. Our analysis of major US dollar peers indicates they are losing their ground and might weaken. (See our analysis of GBPUSD, USDCAD, EURUSD)
Fractology recommends covering short positions for US dollar and looking for buying opportunities.
US Dollar Bounce & What It Means For Gold!Hey Traders, I am seeing a new Macro Trend Beginning on US Dollar Index 0.08%. If you are not sure what my conditions are for a trend reversal, Please check out my recent tutorial on
"How to read structure (Charts) Tutorial. Charts 1-5" (Linked Below In related ideas). I think the dollar is setting up for a small bounce here and this may cause a pullback in the metals. I do think the dollar will most likely remain in its daily downtrend and Gold -0.13%will remain in its daily Uptrend but this is a good opportunity for a short term long position in the Dollar index 0.01%. Price has broke and close above its previous high twice followed by a nice pullback giving us a good entry. I will be looking for two targets on this trade. If target 1 is reached, I will be looking to roll stops up to my entry price to lock In profits.
Entry- 12207.00
Target 1- 12240.00
Target 2-12272.00
us dollar reversal structureHi, it is making a reversal formation it can reverse any time.
thanks for watching.
FAKE OUT FALLING WEDGE CONTINUATION ?????Im bullish on USD Pairs at the moment. Please comment like etc
US dollar index tracking the corrective structure.Hi, Lets see what happens with the upcoming structure.
Thanks for watching.
Dollar Index-Up or DownFrom previous bull run and now end of bear run, per fib ret 0.78, PA has hit a major support. The fib. ret on chart shows you areas of resistance, when bullish trend starts now or soon. At this time, chart is still showing lower HIGHS and lower LOWS (bear trend). I would wait until an higher HIGH shows on this chart.
