Alright guys and gals so I wanted to post this chart to detail the movement of the dollar index.
For some time we've been bearish and following the downward Fib levels. I can see price making equal lows which tells me price could be attempting to turn around or just building up more buy orders to sell off!
The small white trend lines you see are Turtle Soups, meaning price made a short high, and then that high was eventually taken out and continued lower.
So my final level on my Fib is my POI, where I believe price will reach and immediately turn around. It's all about levels, price action, and time sequences.
But as always everyone happy trading, trade well, and lets run it up from 2023 til infinity!
You can continue to grow the page by liking and following the channel, and if you get any value from this to boost it too!
DISCLAIMER
***This page is for educational purposes only and is not intended for any financial arise. I am not a financial advisor nor do I manage any other accounts for users. Any trades you take will be of your own doing and P2P will not be held responsible.***
For some time we've been bearish and following the downward Fib levels. I can see price making equal lows which tells me price could be attempting to turn around or just building up more buy orders to sell off!
The small white trend lines you see are Turtle Soups, meaning price made a short high, and then that high was eventually taken out and continued lower.
So my final level on my Fib is my POI, where I believe price will reach and immediately turn around. It's all about levels, price action, and time sequences.
But as always everyone happy trading, trade well, and lets run it up from 2023 til infinity!
You can continue to grow the page by liking and following the channel, and if you get any value from this to boost it too!
DISCLAIMER
***This page is for educational purposes only and is not intended for any financial arise. I am not a financial advisor nor do I manage any other accounts for users. Any trades you take will be of your own doing and P2P will not be held responsible.***
