DXY
May 11
Week in review
Monday price was in consolidation, Tuesday Price lower to take sell stops creating the low and then started to seek higher prices into Tuesday, Wednesday and Thursday, while Friday retraced Thursday’s delivery. Price broke its range on Thursday for Friday to create the high.
Fridays Delivery
Price was in a premium in Asia Price expanded to take minor buy side. Price reversed to lower prices to noted inefficiencies to rebalance. Price lowered to the .618 to then retrace in NY and went into consolidation to close.
Week ahead
Price on the weekly is a discount
Price current range is a Premium
Previous session is delivering to a discount
Price is seeking higher prices to rebalance a W SIBI and a 4 hour FVG
I suspect that DXY could be shifting to a bull bias in the coming weeks. I note the event horizon at lower prices to keep watch for.
NO news Monday and Wednesday
I suspect for Price to enter Monday with a continuation seeking higher prices to rebalance the 4 hour FVG. Note the equal lows that could be a magnet.
Let Sundays delivery occur and plan from there.
May 11
Week in review
Monday price was in consolidation, Tuesday Price lower to take sell stops creating the low and then started to seek higher prices into Tuesday, Wednesday and Thursday, while Friday retraced Thursday’s delivery. Price broke its range on Thursday for Friday to create the high.
Fridays Delivery
Price was in a premium in Asia Price expanded to take minor buy side. Price reversed to lower prices to noted inefficiencies to rebalance. Price lowered to the .618 to then retrace in NY and went into consolidation to close.
Week ahead
Price on the weekly is a discount
Price current range is a Premium
Previous session is delivering to a discount
Price is seeking higher prices to rebalance a W SIBI and a 4 hour FVG
I suspect that DXY could be shifting to a bull bias in the coming weeks. I note the event horizon at lower prices to keep watch for.
NO news Monday and Wednesday
I suspect for Price to enter Monday with a continuation seeking higher prices to rebalance the 4 hour FVG. Note the equal lows that could be a magnet.
Let Sundays delivery occur and plan from there.
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.