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kevhernandez9
Jun 22, 2021 11:16 PM

DXY BEARISH CONTINUATION Short

U.S. Dollar Currency IndexTVC

Description

DXY Analysis

Currently in a bullish countertrend in lower timeframe. Taking advantage of DXY correlation with the Major pairs.

Mitigated off 1 Hour inst. move to keep going lower. Expecting a retracement around the 78.6% - 88.6% fib area, liquidity area, imbalance in the market highlighted purple and following bearish countertrend structure. Taking it low to fill imbalance in the 4H highlighted zone.

Will be taking Short opportunities until we get a Break of Structure within the 30m minimum or 1H timeframe.
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