UnknownUnicorn17387766

DXY falling wedge

Panjang
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TVC:DXY   Indeks Mata Wang Dolar A.S.
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.
Komen:
The paths are just random paths to demonstrate levels btw. Timings will likely be completely different.
Komen:
EUR/USD

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

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

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


Komen:
Jebait was the jebait? :D

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

Komen:
very bullish outlook on dxy ltf
Komen:
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.

Komen:
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

Komen:
Now it makes sense i guess.

Komen:
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.

Komen:
Make it or break it.

Komen:
Interesting.

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

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

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

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

Komen:
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.

Penafian

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