Publishing herewith my idea about DXY using weekly time frame
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DXY & art
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index is under resistance of a 3 month trend line and getting support of a 6 month trendline , below a weekly inside bar level, could act resistance for this week , depends on the opening of the index
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monthly trendline could act as support also the 3 month inside bar level also acts as a support for this quarter
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weekend?
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New week range
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got rejected from weekly inside bar low ,near a monthly support range let see
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100.15 is a normal weekly range but before it monthly support zone
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progress in day
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in weekly tf
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price rejected by the weekly level, got support from green line and closed above the weekly level and below a monthly level
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Normal range for May'23 and 1st week
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extended range in case of any event/ trendy movement
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end of week
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New week
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updated range for the next trading week
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price reached its 1st monthly level, also the monthly proportionate level, lets see how it work out
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.