Bias: Bearish
Near the begging of October DXY filled a FVG and since has been bearish, recently breaking buy structure. Last week's high created a OB between 108.000 and 107.000. I expect this weeks high to be formed after 2am Monday and before 7am Wednesday within that range then continuing to chase sellside liquidity.
(This is my first time analyzing DXY this way so im not 100%. Ready to see how it plays out though)
Near the begging of October DXY filled a FVG and since has been bearish, recently breaking buy structure. Last week's high created a OB between 108.000 and 107.000. I expect this weeks high to be formed after 2am Monday and before 7am Wednesday within that range then continuing to chase sellside liquidity.
(This is my first time analyzing DXY this way so im not 100%. Ready to see how it plays out though)
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Nice. definitely looking for markets to turn around now.
Nice. definitely looking for markets to turn around now.
Approaching the 108.000-107.000 range. Looking for the markets to turn around tomorrow going into thursday.