The recent rally on DXY is no surprise for those who have been trading this market using ICT concept especially because if you know the building block for determining your IOF, you will likely know before hand where market will be going to at every given time
Quarterly Shift, seasonal tendencies, IPDA and even COT data all could conspire to become a powerful confluences in determining your IOF in sync with topdown analysis Starting with 12M candles but predominantly more from Weekly chart.
The last Quarterly Shift I called was in October last year which just to me got concluded last month here being January. By this analysis, it means all other currencies are expected to sell off and Gold has started it's own sell off a while ago while EU kick started it's own just last week here
In all this, for the next couple of months like 3 months forward, you can more confidently go into the market with the expectation to short other currencies while buying dollar
Quarterly Shift, seasonal tendencies, IPDA and even COT data all could conspire to become a powerful confluences in determining your IOF in sync with topdown analysis Starting with 12M candles but predominantly more from Weekly chart.
The last Quarterly Shift I called was in October last year which just to me got concluded last month here being January. By this analysis, it means all other currencies are expected to sell off and Gold has started it's own sell off a while ago while EU kick started it's own just last week here
In all this, for the next couple of months like 3 months forward, you can more confidently go into the market with the expectation to short other currencies while buying dollar