Wandest

DXY Weekly Breakdown

Wandest Updated   
TVC:DXY   U.S. Dollar Index
Weekly Perspective: my weekly objective for DXY is 105.697 which is a VI on the monthly


Daily Perspective: algorithmic order flow is bullish, Macro interest rates pushing dollar to higher highs,
IOF perspective I don’t want to see down closed candles broken, we are reaching for external range
Liquidty I'm thinking Jan High 105.631 from 40 day look back, after the external range target is hit I will
be looking for internal range rebalancing possibilities on the daily perspective.

Note: Fri was a large range day so Mon can rebalance and clean up inefficiencies before a push higher in
the latter part of the week, If I was looking for a buy I would wait for a down close candle before I look
for Longs

4hr perspective: 105.341 is CE of wick from Jan High, also we have 4hr fvg that need to be balanced and
4hr BB I think we could see a bounce with the ATM model note it is also coupled with a FVG, A+ set up
Note all VI have been completely balanced with buyside and sell side

1hr Perspective: IOF is super bullish, so I need a key level to look for retracement to set up, Monday I'm
going to be looking for a continuation to CE of Jan High wick at 105.341 see if we can get a retracement
off of there, or just chop to generate liqudity for tue High impact news


Comment:
target hit
Comment:
Daily perspective big down day nice reaction, cleaned up internal range liquidity, this could be the
LOTW, from the daily perspective, Fri low can be the next target
Comment:
1hr perspective I'm looking at Fri Low I'm thinking we can hit it London session and maybe have a MSS if
not London then when news hits at 8:00 consumer confidence
Comment:
Daily perspective: we took out Fri low and PDL so sellside external range taken so I'm looking for internal range Liquidty
Comment:
1hr perspective I'm looking at Mon high, Note we had a significant MSB seem to be on the buyside of the curve now and headed towards the weekly open

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.