USDOLLAR - Short again to Elliot wave 5 [H1]* 50% for all predicting.
- Daily: Expecting to big drop down.
- H4: Swing
- H1: a downtrend's rule occurs.
USDOLLAR trade ideas
USDOLLAR - Short again to next Month (11)* 50% for all predicting.
- Take profit all when USDOLLAR hits the EMA200 = Elliot wave 3 (Target 1).
- Indicator: MACD - RSI, FORCE INDEX .
- Look left to predict the right.
USDOLLAR short entry from 12410 levels... The exchange rate has entered a correction phase. The correction was triggered by MA (100) levels. I expect the correction level to be 12410 usd. Turning from this level, I expect a further decline. The target price for the decline is 12257usd.
dollahmost shorts on gold in 35 years so 1310 likely to me, fed printing to keep the markets going again,
USDOLLAR Update (1)... Currently a triple fractal sequence is being formed. The rectangle (blue) of these fractals is shown. I assume we are currently in the third declining fractal range. The target price for the decline is 12257. I note that EURUSD may then be around the 1.1215 level.
With this pattern we can go down (USDOLLAR)There was a lot of eagerness to buy! But it can go down with this pattern.
US DOLLAR INDEX SELL Hi there. Price is forming a reversal pattern to change its direction. Watch strong price action at the current price for sell.
USDOLLAR before 3% decline... The analysis indicates the related fractals and their sequence. It is clear that the exchange rate may begin to build a declining fractal. In case the analysis is correct, according to the fractal rules, I expect to construct a double-sized fractal (shown in a green rectangle). The target price is around 12000 levels.
USDOLLAR(D) Triple convergence Butterfly Cypher WedgeUSDOLLAR(D) Triple convergence Butterfly Cypher Wedge
DXY LONGLooking for Dollar to Fill in the Void, Don't expect another stop run on the low going into the week. Expecting Range expansion into the void.
Will the dollar uptrend continue? The dollar has been king for some years now but are we seeing a top?
I would argue the dollar can only go up due to the higher rates compared to other major currency fed rates. Though the obvious doesn't always play out Europe may see a sudden change in sentiment it cant be bad forever. Developing economies are in a rump but when they come out they will benefit from local currency demand plus a stronger yen.
Im sticking to the trend but a reversal would be an interesting opportunity to enter at a top.
USDOLLAR UPTREND INTACTThe USDOLLAR has seen some pullback the last few days but broke out last week.
If the current shallow support holds expecting this to just have been a small correction down before making a new leg upwards. All other currency pairs are in extreme interest rate territories relative to the US so expecting USDOLLAR demand to maintain strength.
Entry level at 12400, stop-loss below 12360
12390 Level can be passed during a fake breakout downwards if it holds below expect further correction downwards.
