UnknownUnicorn17387766

DXY falling wedge

UnknownUnicorn17387766 업데이트됨   
TVC:DXY   미국 달러 인덱스
I'm not a forex trader but I found this interesting.

I think a top around ~120 is interesting because it's the 2001 top.

The chart says everything else.
코멘트:
The paths are just random paths to demonstrate levels btw. Timings will likely be completely different.
코멘트:
EUR/USD

코멘트:
Ltf. I'd say bait what dp I know? :D I'm a crypto trader.

코멘트:
Faking both up and down? And they say crypto is hard :D

코멘트:
코멘트:
What do you do when a wedge is broken to the wrong side? You redraw it :D


코멘트:
Jebait was the jebait? :D

코멘트:
When a whole move can fit in a single wedge, it's hard to be wrong.
코멘트:
euro is bullish wooow. weekly looks like an accumulation right now. very interesting.
코멘트:
Do I believe it? No. But whatever the chart says. We have to wait for the weekly close.
코멘트:
What a disgusting PA. OMG
코멘트:
I have friends who say "you should trade forex. better pa etc." i'll keep saying "no, thanks" :D

코멘트:
very bullish outlook on dxy ltf
코멘트:
Idk what the hell is dxy doing on this frame really. Is it just a painful launch or weakness? I'd choose the former but really hard to say.

코멘트:
You know what? I think this is a good thing. Euro just needs to consolidate around here. As far as I can see everyone is bearish on Euro and I think they are right fundamentally. But you know., you never know :D

코멘트:
Now it makes sense i guess.

코멘트:
I think Euro might be bullish actually. Is this looking like a top anymore? I mean maybe, but looks more like bullish consolidation to me.

코멘트:
Make it or break it.

코멘트:
Interesting.

코멘트:
DXY is bullish. A key horizontal is broken. Bearish momentum faded slowly. It's like someone stepped on the brake.

코멘트:
what the hell is going on here :D This should come back to the range. It looks ridiculous.

코멘트:
Interesting PA before Powell speech. Is he going to shatter the dreams again?
코멘트:
No shot DXY finds support here, right? Looked like an insignificant level to me yeah.

코멘트:
Only EUR/USD makes me think. This one might be really bullish.

코멘트:
It's an impulsive move for sure. Maybe it's going for an Eiffel Tower. But thats too crazy right now. Let's see if 0.5 correction will be a support.

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