DXY: SEASONALITY IS AN AVERAGE, NOT A RULE.
STRUCTURE
MR1 seems convincingly BO. Price entered a TRADING RANGE PHASE, following TL BO .Additionally, trapped in "NO MAN'S LAND" ( in between MR1 and MS1), for weeks unending, I waited for BO, whichever way, to determine direction.
KEY ZONES
90.0000-92.5000
97.5000-100.0000
105.0000-106.7000
TIMEmode
After 18-weeks mode , price disconnected from the common price. My timemode suggests time expires on the vertical Aqua line.
SEASONALITY
Dollar Index Dominant seasonal trends suggests that mid-November to late November often sees a rise, and Late December is a bearish time for the index.
Now, with talks of FED rate hike in December, coupled with the above technicals, looks we're going to see the unusual this year ending.
Seasonality is an average, not a rule. In any given year, price can deviate from the seasonal tendency and traders shouldn't fight it. ;)
MooreKapital
Building Stable Wealth In An Extremely Patient Style
PAMM Link for investments to be announced soon.
MR1 seems convincingly BO. Price entered a TRADING RANGE PHASE, following TL BO .Additionally, trapped in "NO MAN'S LAND" ( in between MR1 and MS1), for weeks unending, I waited for BO, whichever way, to determine direction.
KEY ZONES
90.0000-92.5000
97.5000-100.0000
105.0000-106.7000
TIMEmode
After 18-weeks mode , price disconnected from the common price. My timemode suggests time expires on the vertical Aqua line.
SEASONALITY
Dollar Index Dominant seasonal trends suggests that mid-November to late November often sees a rise, and Late December is a bearish time for the index.
Now, with talks of FED rate hike in December, coupled with the above technicals, looks we're going to see the unusual this year ending.
Seasonality is an average, not a rule. In any given year, price can deviate from the seasonal tendency and traders shouldn't fight it. ;)
MooreKapital
Building Stable Wealth In An Extremely Patient Style
PAMM Link for investments to be announced soon.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.