spekularmin

DXY update before news

Long
TVC:DXY   U.S. Dollar Index
If price stays closed above Mondays low, than I expect a wick into the 1h orderblock in discount. Price should react from that level to the upside.
Remember:
-trading before CPI is low probability
-trading during CPI is gambling

Best thing to do is wait for the news, than see if the market reversed or continued the expansion upwards.

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.