AlkalineFX

DXY: Have You Seen This Market Gap

Short
TVC:DXY   U.S. Dollar Currency Index
Buyers seem to be taking over the dollar currently, this doesn't mean that sellers can't fill the gap created on the way up.

A bounce from this order block would suggest to me that the price is ready to pull back aggressively before continuing long.

Sells could be valid here depending on rejection.

If you miss the sells, buys could be valid from the gap marked out.

Good luck next week traders!
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Comments

great analysis
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Great analysis 🧐
Thank you for sharing
Reply