spekularmin

DXY: Weekly imbalance = magnet

TVC:DXY   U.S. Dollar Index
The weekly imbalance is still drawing price like a magnet. If a 4h/1h fair value gap forms to the upside, I'm pretty sure we will take out the outlined highs there. Or at least one of them. We will see how price behaves after it takes the first buyside liquidity. If it creates gaps to the upside than the next target is the 4h equal highs.

I would like to see a sweep of those equal highs, than a sharp rejection, creating gaps downwards. Than the first draw on liquidity becomes the low outlined in the chart. Previous month lows.

Let's see how it plays out shall we. Ok byyyy
Comment:
First target reached. Now I'm watching the current 1h/4h fair value gaps forming. If price disrespects the bearish gap forming with a move higher, than I target the next outlined level higher. If we respect the currently forming gap on the 1h/4h, than I'm watching lower levels on DXY and higher levels on foreigns.

Side note: I don't trade the prior day NFP. Low probability conditions.

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