Looking ahead to the NY AM session, a bullish weekly profile so far. Monday's session established an Opening Range High for the week, a common occurrence for the first trading day. Anticipate a decisive move away from Monday's high, targeting opposing liquidity as a potential manipulation.
Pay close attention to the 10/23 9:30 LOD (Low of Day), a crucial...
Following an inverse session against the indices, DXY took a sharp dip, signaling a potential shift. Anticipate a rebound in DXY as part of a strategic manipulation within the weekly profile.
Examining the 12HR chart, a conspicuous buyside imbalance presents itself, offering a potential opportunity for a downward move later in the week. Historical reference...
Dollar has been trending up lately as we are now in the 2-2.5 zone of a Daily (1D) timeframe "Breaker". An area that we can see a retracement (in this case). A think this weeks price action, can set up us for higher prices and not a complete correction.
Targets:
- 105.975
- 105.868
-105.772-105.732
If the DXY (US Dollar Index) makes its descent lower, we observe a corresponding upward trend in indices. Presently, we find ourselves situated within a retracement and reversal zone marked by a bearish breaker on the Daily (1D) timeframe. Having successfully tapped into substantial sell-side liquidity over the past week, it is reasonable to anticipate an uptick...
