USDOLLAR trade ideas
USDOLLAR index 1-2-3 Trend reveral complete! Initially prevailing Downtrend - Yellow line.
1- Downtrend is disrupted.
2- Temporary new dip is made (either higher, equal, or lower than prior immediate bottom).
3- Old previous high of 2 is taken out.
If all 3 points are taken out, this is a 1-2-3 trend reversal.
For further information:
thepatternsite.com
Dollar Index AnalysisLooking at the Dollar Index we can see a Double bottom and an Ascending Triangle formation on the neckline to break the barrier for the dollar to strengthen. Ascending Triangle is a continuation Price Action pattern
So we can see the Dollar strengthening against all the Major FX pair. Watch out for that move.
USDOLLAR : PRICE ACTION IN HIGH TMF , PRICE IS GROWING ! 🔔🔔🔔Welcome back Traders, Investors, and Community!
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Strategy : RETEST BEARISH CHANNEL
Good trading at everyone!
USDOLLAR : PRICE ACTION IN DAILY TMF , PRICE IS GROWING ! 🔔🔔🔔-UPDATE
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Strategy : Re-test Bearish channel + Fibo pullback
Good trading at everyone!
USDOLLAR : PRICE ACTION IN DAILY TMF , PRICE IS GROWING ! 🔔🔔🔔Welcome back Traders, Investors, and Community!
If you LIKE this analysis, Please support our page by hitting the LIKE👍 button
Feel free to request any pair/instrument analysis or ask any questions in the comment section below.
Strategy : Re-test Bearish channel + Fibo pullback
Good trading at everyone!
USDOLLAR : PRICE ACTION 1D TIMEFRAME - PRICE READY TO GROWTH ! //UPDATE//
Welcome back Traders, Investors, and Community!
If you LIKE this analysis, Please support our page by hitting the LIKE👍 button
Feel free to request any pair/instrument analysis or ask any questions in the comment section below.
Strategy : Re-test Bearish channel + Fibo pullback
Good trading at everyone!
USDOLLAR : PRICE ACTION 1D TIMEFRAME - PRICE READY TO GROW ! 🔔Welcome back Traders, Investors, and Community!
If you LIKE this analysis, Please support our page by hitting the LIKE 👍 button
Feel free to request any pair/instrument analysis or ask any questions in the comment section below.
Strategy : Re-test Bearish channel + Fibo pullback
Good trading at everyone!
USDOLLAR (07-March-2021)Monthly Chart:
Weekly Chart:
Daily Chart:
4H Chart:
USD is hitting the monthly resistance zone and you can plan for buying it for rebound.
Before trading, identify and setup a trading plan for the time frame that you are comfortable with.
Imagine how the price action may perform next week and if the price act as you have planned, execute it with stop loss.
us doller time to riseThe collapse of the USD seems to be over. The reason for this is that the down trend pattern started from 2020-03-20 and the trend line that existed from that day to date has now been strongly broken. Additionally, the cash flow index shows that a clear new capacity is being added to the market, so all USD pairs are preparing for a sharp fall, already creating a direct bull wave in the USDJPY and USDCHF markets and losing against the USD. Of course it is happening to EURUSD, GBPUSD, NZDUSD, AUDUSD and USDCAD is also creating a new uptrend with an informal inverted head and shoulder.