This is DOLLAR INDEX (DXY) MONTHLY ANAYLSIS..
DXY Imminent Skyrocket
Price is buying from Panic Zone (0 -382%) INSIDE MONTHLY DEMAND ZONE (PREVIOUSLY SUPPLY ZONE)
We expect price BREAK 0% AREA (WEEKLY SUPPLY ZONE) and continue buying to TP1 A AND TP 2 B AREAS.
TRIGGER: WAIT PRICE BREAK 0% AREA (104.620)
When it's triggered, I suggest to open BUY POSITIONS on USD parallel pairs (USD/JPY, USD/CAD, USD/CHF)
and SELL POSITIONS on opposite (EUR/USD, GBP/USD, BTC/USD)
BULLISH INTERNAL CYCLE - WEEKLY ANALYSIS.
- TP 1 - AREA A: 50 - 61.8 % (109.719 - 110.923)
- TP 2 - AREA B: 100 % (114.819)
- FINAL DESTINATION: MONTHLY SUPPLY ZONE (RED AREA ABOVE)
DXY Imminent Skyrocket
Price is buying from Panic Zone (0 -382%) INSIDE MONTHLY DEMAND ZONE (PREVIOUSLY SUPPLY ZONE)
We expect price BREAK 0% AREA (WEEKLY SUPPLY ZONE) and continue buying to TP1 A AND TP 2 B AREAS.
TRIGGER: WAIT PRICE BREAK 0% AREA (104.620)
When it's triggered, I suggest to open BUY POSITIONS on USD parallel pairs (USD/JPY, USD/CAD, USD/CHF)
and SELL POSITIONS on opposite (EUR/USD, GBP/USD, BTC/USD)
BULLISH INTERNAL CYCLE - WEEKLY ANALYSIS.
- TP 1 - AREA A: 50 - 61.8 % (109.719 - 110.923)
- TP 2 - AREA B: 100 % (114.819)
- FINAL DESTINATION: MONTHLY SUPPLY ZONE (RED AREA ABOVE)
