Chỉ số USDGiá lên
DXY - Can Get To $108
Cập nhật
DXY
This is now a very strong bounce and a bullish morning star candle pattern is printing on the month chart still with half the month to go.
I think this may be first major bounce from the market topping slump back in 2022...
From the crash low I see it as an AR "Automatic Rally" (short covering) into a 3 wave correction...
And now the real bounce which may end up being a higher time frame 3 wave correction that Elliott Wavers might call a WXY.
This is starting to look like it will be the obligatory minimum 0.618 @ $108.7 retracement as per crash structure ratios and it can of course explore into the Golden Window up to 0.786 @ $111.3 overshoot ratio and even a little beyond.
This is great for currency trades long dollar and as you know I posted a short GBPUSD trade (see linked idea) a while ago.
That trade should have some legs if dollar gets to the Golden Window, which I think it will if the month closes here or above.
Pull backs along the way of course.
Not advice
This is now a very strong bounce and a bullish morning star candle pattern is printing on the month chart still with half the month to go.
I think this may be first major bounce from the market topping slump back in 2022...
From the crash low I see it as an AR "Automatic Rally" (short covering) into a 3 wave correction...
And now the real bounce which may end up being a higher time frame 3 wave correction that Elliott Wavers might call a WXY.
This is starting to look like it will be the obligatory minimum 0.618 @ $108.7 retracement as per crash structure ratios and it can of course explore into the Golden Window up to 0.786 @ $111.3 overshoot ratio and even a little beyond.
This is great for currency trades long dollar and as you know I posted a short GBPUSD trade (see linked idea) a while ago.
That trade should have some legs if dollar gets to the Golden Window, which I think it will if the month closes here or above.
Pull backs along the way of course.
Not advice
Giao dịch đang hoạt động
Not too far now
Đóng lệnh: đạt mục tiêu
Dollar is very close to my target and printing a slightly higher high is showing signs of a Wyckoff distribution.
I'm taking profit.
Its been a great trade 👍🏻
We're into the Trump presidency bull phase🥳.
I have great trades and monitor many assets❕
Many Trade Ideas Every Day 📈
Regular videos ✨.
Telegram Group: $50 per month 👍🏻.
Contact: t.me/dRends35
I have great trades and monitor many assets❕
Many Trade Ideas Every Day 📈
Regular videos ✨.
Telegram Group: $50 per month 👍🏻.
Contact: t.me/dRends35
Bài đăng liên quan
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.