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Dollar Looks Vulnerable : Here’s My Take on What’s Coming Next!
Price has recently taken out an Old High and has now reached an Imbalanced price range, which is more evident on the Weekly Timeframe.
This move has presented buyside liquidity for sellers by taking out the Old High and simultaneously offered fair value by entering into an imbalanced price range (FVG / SIBI - 1W Timeframe).
From here, price may now head lower towards the Draw on Liquidity, with Sellside Liquidity as the next objective, as shown in the chart.
This is how I see it, though I’d advise you to do your own analysis.
This move has presented buyside liquidity for sellers by taking out the Old High and simultaneously offered fair value by entering into an imbalanced price range (FVG / SIBI - 1W Timeframe).
From here, price may now head lower towards the Draw on Liquidity, with Sellside Liquidity as the next objective, as shown in the chart.
This is how I see it, though I’d advise you to do your own analysis.
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