Hello Traders! Ripple has right now completed the W-Formation Pattern. It tested the Neckline Area. We are still in the Corrective Pattern, but now after the completion of the W-Formation I do expect that the price will break out. Which will lead in the creation of Pump Number #1. Take Profit for Pump #1 is the ultimate high at 3$ That was my Idea and I hope you...
Hello Traders! On the DXY I already made a very detailed video about why it will go up. It is because we are in a deceleration phase. I do expect that we are going to push up to the daily Supply Zone . From there I do expect a continuation to the downside. As we can see we also have broken the trend line . Target is the daily Supply Zone That was my Idea and I...
Hello Traders! On DXY I see it still going to the downside. We are right now at a daily Supply Zone . This Zone is a potential returning point in the market. If we have a look at the other timeframes. The Trend is downtrend. We can see this on all timeframes. Right now DXY made a correction to the upside. This is why a lot think that it will go back to the...
Hello Traders! I will go through potential correction on the DXY . Is it possible now or not? 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 - FOREX SOLUTIONS
The US Dollar Index (DXY) is on the verge of confirming the breakdown of a nearly two-month range. The trading has been brutal for those looking for trend set-ups, but that could be about to change should we see a daily close below 98.27. As the new week begins it will be important to monitor this situation; sustained trade below could have the index quickly...
Crude Oil Price Chart Since bottoming out at a multi-year low at 16.01, crude oil prices have rallied and risen over 120 percent. However, recent price action suggests the cycle-sensitive commodity’s ascent may experience a pullback as it trades in a critical cross-section. The price parameters involve the mid-April uptrend and stubborn, familiar resistance at...
It Break Triangle Downside Of Trend. So IT Next Move IS Down And Touch The Support Line