$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 IIX0025 ... 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
Nota
117 and 120 are Key Levels since inception (green dotted lines)Trade attivo
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 !
Nota
*LIVE
-Facing Resistance at 3.618 Fibb Level
Nota
Drops continues for
DXY Post Rejection of 3.618
Nota
111-110 provide lots of Support for
DXY in short term.Nota
DXY bouncing of 110 supportNota
109.1 coming as Support for
DXYConfluence with White Trendline Uptrend
Nota
DXY breaking down the bullish flag pattern.Next look for support at 200EMA on the Daily TF (105.5)
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