So I saw a lot of DXY ideas within the popular section ideas that blew my mind with long forecasts. I was very successful to close out the week with this clear forecast of DXY using my MACD strategy. Buckle up.
Presented is the 1 hr chart. Alot of traders using MACD will enter a trade when the MACD and signal line cross on a 1 hr chart. Although this can play out in the long run, you risk pullbacks or end up going back in its trend direction. This can be seen on my chart where I pinpointed the pullback.
After the short pullback ended a bearish engulfing closed triggered sell super trend. When a super trend is triggered on the 1 hr chart, the MACD crosses the signal line on the two hour chart which in return gives me confirmation that the MACD and signal line on the 1 hr chart will push to cross down through the 0 line (which it did).
When the MACD and signal on 1 hr charts cross the 0 line this gives excellent entry points to avoid pullbacks as well as adding sentiment to continuation (which it did). Also when the MACD and signal cross over the 0 line on 1 hr chart, a MACD cross through signal is triggered on the 4 hr chart completing same MACD/SIGNAL direction on the hourly charts. (More confirmation for direction)
As the MACD and signal line cross through the 0 lime on the hourly charts the trend continues. This strategy plays out perfectly and I did not have to second guess DXY direction, making it easier to intraday trade with USD pairs.
Feel free to ask questions about this strategy and Incan answer them! If you like my strategy give me a follow and see the success! Thank you.
Presented is the 1 hr chart. Alot of traders using MACD will enter a trade when the MACD and signal line cross on a 1 hr chart. Although this can play out in the long run, you risk pullbacks or end up going back in its trend direction. This can be seen on my chart where I pinpointed the pullback.
After the short pullback ended a bearish engulfing closed triggered sell super trend. When a super trend is triggered on the 1 hr chart, the MACD crosses the signal line on the two hour chart which in return gives me confirmation that the MACD and signal line on the 1 hr chart will push to cross down through the 0 line (which it did).
When the MACD and signal on 1 hr charts cross the 0 line this gives excellent entry points to avoid pullbacks as well as adding sentiment to continuation (which it did). Also when the MACD and signal cross over the 0 line on 1 hr chart, a MACD cross through signal is triggered on the 4 hr chart completing same MACD/SIGNAL direction on the hourly charts. (More confirmation for direction)
As the MACD and signal line cross through the 0 lime on the hourly charts the trend continues. This strategy plays out perfectly and I did not have to second guess DXY direction, making it easier to intraday trade with USD pairs.
Feel free to ask questions about this strategy and Incan answer them! If you like my strategy give me a follow and see the success! Thank you.
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Отказ от ответственности
Все виды контента, которые вы можете увидеть на TradingView, не являются финансовыми, инвестиционными, торговыми или любыми другими рекомендациями. Мы не предоставляем советы по покупке и продаже активов. Подробнее — в Условиях использования TradingView.