$DXY -Over Extended Yet !!!

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DXY has started the Week Raging High, putting GBD at 4 Decades Low!
However, the Daily Candlestick still needs confirmation, but currently it is creating a serious Wick Rejection.

Ironic, to say the least !
With the Death of Queen, came the Death of Pound
That of course, after Poor EUR first, European Union which is uncertain for the Winter to come.
And on that note, Go Russia IX0025 ... because to me, the strengthening of DXY comes soly alone from Fed's Tightening, vaccuming out some dirty dollars.
Their Game of this Speculative Mirage Monopoly they have created and enslaved 99 % percenters.


SHORT CALL on SHORT TERM ,,, correction for DXY before going to 125 !?
Watch for LONG Opportunities for the majority of Financial Markets during this week



TRADE SAFE !


* Check out the linked related ideas to make sense of the Chart Legend or use IG posts as a fast-route

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ملاحظة

117 and 120 are Key Levels since inception (green dotted lines)

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تم فتح الصفقة

DXY coming at 3.618 fibb resistance at 114.861,
finding it as a Resistance area may be ?

If not 117-125 zone is very Likely as a Target

TRADE SAFE !

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ملاحظة

*LIVE
-Facing Resistance at 3.618 Fibb Level

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ملاحظة

Drops continues for DXY
Post Rejection of 3.618

٣ أكتوبر ٢٠٢٢

ملاحظة

111-110 provide lots of Support for DXY in short term.

٥ أكتوبر ٢٠٢٢

ملاحظة

DXY bouncing of 110 support

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ملاحظة

109.1 coming as Support for DXY
Confluence with White Trendline Uptrend

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ملاحظة

DXY breaking down the bullish flag pattern.
Next look for support at 200EMA on the Daily TF (105.5)