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ExtraOrdy
Aug 13, 2023 8:21 AM

Market Structure Shift | DXY Long Long

U.S. Dollar Currency IndexTVC

Description

DXY failed to take liquidity at 101.748 and gave a structural shift to the upside with 4H bullish momentum candles indicating a potential long, i expect a reach to a target above 103.372 in to the supply zone.

DXY might take liquidity at 102.432 or tap into the demand zone(buy zone) below 102.311 before hitting the supply zone 103.372.

Trade active



DXY is into supply zone above 103.372, might give a pullback

Trade closed: target reached



DXY market structure shift took out the supply zone upper level at 103.679 which could indicate more buying power
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