Marloon22

DXY weekly reading for Jan 15-19 2024

Long
TVC:DXY   U.S. Dollar Index
We’re in a discount between 65% & 75% retracement level of Fibonacci.
After hit the FVG inside of the bullish OB we can see a reaction to the upside.
Between last week candle and the 3 weeks candle prior to now. Price forms a FVG Lower.

For this week I want to see price drops lowers below 102.075 level. Take the sellside liquidity of last week trading. Ones that occurs price will be inside of a FVG that is inside of an orderblock.

Then I’ll start looking for higher prices and see if price wants to move higher looking for the buyside liquidity in a premium area. Above the equal highs 104.260 level.

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