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USDX 4 HOUR CHART
No change to the key resistance at 105.10 that needs to be broken to confirm the last leg down Is over.
As I have been noting, I used USDX as a proxy for the EURUSD as it represents 57.6% of the index.dsE
Also, this is a CFD symbol so your prices may differ but the pattern should be similar.
You have seen me post my charts with red and blue lines forming patterns. This is the Amazing Trader charting algo. Let me show you how it all began and then evolved in
Monedge – if we put aside my string of loonies and other popular characters (instruments) on the net that I found interesting and silly at the same time, NVIDIA is something of our thing…kind of J
Daily close seems Bullish to me ( and so far I guess you figured out that I follow everything strictly technical) . I avoid getting involved in stocks – too much fundamentals that can swing the other way in a second , but this is textbook example for another leg up situation….your approach with Buy stops above the market follows the suit 😀
We should talk a bit more on the issue of as you call them “meme buys” and try to save at least some of those fans out there – the new generation really need some education ….
NVIDIA 4h
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