COCOFX
Open Trade
Occasional Trader
4.2 Years
3 Following
17 Followers
32 Liked
2 Shared
š DXY Bearish Momentum in Play
The U.S. Dollar Index (DXY) has broken key structure and retested the supply zone. Current price action at 96.985 shows strong bearish continuation signals. Targeting the 95.9ā95.6 region as the next major support.
ā ļø Watching closely for volume confirmation. If this plays out, expect USD pairs to shift accordingly.
#ForexAnalysis #priceaction #BÄ°NANCE #TechnicalAnalysis #BearishTrend
The U.S. Dollar Index (DXY) has broken key structure and retested the supply zone. Current price action at 96.985 shows strong bearish continuation signals. Targeting the 95.9ā95.6 region as the next major support.
ā ļø Watching closely for volume confirmation. If this plays out, expect USD pairs to shift accordingly.
#ForexAnalysis #priceaction #BÄ°NANCE #TechnicalAnalysis #BearishTrend
BTCUSDT
Perp
20X
Opening Long
Unrealized PNL
+279.22USDT
Bitcoin has broken out of the descending channel with strong bullish momentum, flipping previous resistance (~105.5K) into support. Current price action shows a clear continuation setup with bulls targeting the 112K zone.
š¢ Entry was taken from the retest zone after confirmation
šÆ Target: $111,955
š SL: Below $104,569 support
š Risk/Reward looking clean ā riding momentum into key resistance.
If momentum holds and volume sustains, expect another leg up. Stay sharp ā volatility is high around these levels.
#cryptotrading #PriceActionAnalysis #BitcoinBreakout #BTCUSD #TradingViewIdeas
š¢ Entry was taken from the retest zone after confirmation
šÆ Target: $111,955
š SL: Below $104,569 support
š Risk/Reward looking clean ā riding momentum into key resistance.
If momentum holds and volume sustains, expect another leg up. Stay sharp ā volatility is high around these levels.
#cryptotrading #PriceActionAnalysis #BitcoinBreakout #BTCUSD #TradingViewIdeas
Login to explore more contents