anticipating lower prices in DXY during the London Session. We are in a high Premium and I believe shorts will be in play during the London Session
The entry price of 103.250 is my possible ideal price for limit order shorts
any price above 103.241 is possible ideal for shorts as well
Profit targets made in that chart at 102.763 with partials taken accordingly.
if price delivery continues bullish, I'd react accordingly and mitigate any losses.
however, my bias remains bearish
price should possibly continue lower during the London Session and maybe reverse in the New York Session.
What to watch out for, we are above the Previous Week's high, long orders have been triggered, and taken shorts out from last week. A possible short side may be favorable to play, and Friday provides reversal opportunities
Long term DXY is still bullish and this melt is a possible retracement
The entry price of 103.250 is my possible ideal price for limit order shorts
any price above 103.241 is possible ideal for shorts as well
Profit targets made in that chart at 102.763 with partials taken accordingly.
if price delivery continues bullish, I'd react accordingly and mitigate any losses.
however, my bias remains bearish
price should possibly continue lower during the London Session and maybe reverse in the New York Session.
What to watch out for, we are above the Previous Week's high, long orders have been triggered, and taken shorts out from last week. A possible short side may be favorable to play, and Friday provides reversal opportunities
Long term DXY is still bullish and this melt is a possible retracement
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