DXY | Intermediate Timeframe Analysis.

1) HTF DXY forecast posted on Monday 28th August 2023. HTF DXY Bias = Bullish.

2) Consolidation > Expansion > Consolidation > Retracement*** > Expansion***
Price will never go from Consolidation to Reversal.

3) Identify Premium/Discount range.

4) Identify discount PD arrays. BRP & FVG & OBs.

5) External range to internal range liquidity.

6) Bullish US dollar seasonal tendency.

7) Bullish dollar = Bearish foreign currencies.
Bearish EU, GU, XAU, NAS.

8) Anticipating Tuesday/Wednesday Low Of Week.
Red Folder USD News on Wednesday, Thursday, Friday. Let the Economic Calendar guide you!

Commento:

The path to least resistance is set... The stage is set.
Deeper retracement then expected, however still in our trading premise (4hr OB)

Trade chiuso: obiettivo raggiunto:

Must be random...