US dollar Index future - Kevin C. Best
Traders & Investors, I hope you will enjoy from my analysis. This is not a financial advise, but feel free to get inspired.
Please see below image, with my potential Entry and stop based on fibonacci levels.
- I expect prices to again create price action as the previous low-low (marked in a orange circle) and create a perfect copy.
- Therefore prices will need to receive demand, this will fundamentally be based on fundamental forecasts.
- If prices can't break or simply fake the breakout, prices might continue to the next support levels. Somewhere around the 90.000 levels.
- Based on my indicator prices become longly oversold, which might create uptrend momentum
* Let me know in comment your thoughts and give it a like if you agree.
Happy to discuss if you have any feedback/questions.
Regards,
Kevin C. Best
Please see below image, with my potential Entry and stop based on fibonacci levels.
- I expect prices to again create price action as the previous low-low (marked in a orange circle) and create a perfect copy.
- Therefore prices will need to receive demand, this will fundamentally be based on fundamental forecasts.
- If prices can't break or simply fake the breakout, prices might continue to the next support levels. Somewhere around the 90.000 levels.
- Based on my indicator prices become longly oversold, which might create uptrend momentum
* Let me know in comment your thoughts and give it a like if you agree.
Happy to discuss if you have any feedback/questions.
Regards,
Kevin C. Best
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.