Hello Traders!
How well it works
Nice moves on the DXY. I made an analysis a while ago on DXY where I marked an important h4 Supply Zone. Price respected this zone pretty well. I will put a screenshot down below. We are now back at this zone. Now I am expecting the price to break it. Why? Simply because we go too much touches there. The probability that the price will go down is not high. Therefore I am going to look for long positions. For that I am waiting for a nice Price Action Confirmation. My target is the resistance level.
Why do we need to analyze the DXY?
Actually I like to have a look on the DXY because of the Correlation. So the DXY is nice to use when we are trading XAUUSD , EURUSD , AUDUSD , GBPUSD , NZDUSD . Usually when the DXY goes up, the mentioned pairs will go down.
That was my Idea and I hope you liked it. Please leave a LIKE if you like the content. In the comment section you can share your view and ask questions.
Thank you and we will see next time
- Darius.
How well it works
Nice moves on the DXY. I made an analysis a while ago on DXY where I marked an important h4 Supply Zone. Price respected this zone pretty well. I will put a screenshot down below. We are now back at this zone. Now I am expecting the price to break it. Why? Simply because we go too much touches there. The probability that the price will go down is not high. Therefore I am going to look for long positions. For that I am waiting for a nice Price Action Confirmation. My target is the resistance level.
Why do we need to analyze the DXY?
Actually I like to have a look on the DXY because of the Correlation. So the DXY is nice to use when we are trading XAUUSD , EURUSD , AUDUSD , GBPUSD , NZDUSD . Usually when the DXY goes up, the mentioned pairs will go down.
That was my Idea and I hope you liked it. Please leave a LIKE if you like the content. In the comment section you can share your view and ask questions.
Thank you and we will see next time
- Darius.
노트
✔️ Inner Circle ⭕️
linktr.ee/dariusfx
✔️Instagram: instagram.com/dariusfxtrading
✔️ Telegram(german): t.me/dariusfxtrading
✔️ Top Broker💯 my.roboforex.com/de/?a=skxb
linktr.ee/dariusfx
✔️Instagram: instagram.com/dariusfxtrading
✔️ Telegram(german): t.me/dariusfxtrading
✔️ Top Broker💯 my.roboforex.com/de/?a=skxb
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
✔️ Inner Circle ⭕️
linktr.ee/dariusfx
✔️Instagram: instagram.com/dariusfxtrading
✔️ Telegram(german): t.me/dariusfxtrading
✔️ Top Broker💯 my.roboforex.com/de/?a=skxb
linktr.ee/dariusfx
✔️Instagram: instagram.com/dariusfxtrading
✔️ Telegram(german): t.me/dariusfxtrading
✔️ Top Broker💯 my.roboforex.com/de/?a=skxb
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.