Firstly, on the weekly TF , since April, the market showed a willing to climb to the FVG made in December 2023. We currently are in a premium relative to the low made in April to the high made in May. The Market could come all the way down to equilibrium and in a discount level but I would favor not going bellow the Breaker (which is the green box), in other...
As we make Higher High on the DXY, USDCHF was unable to make these higher high and did Relative Equal High. I suspect that since we took out sellside on USDCHF and we have an pool of liquidity to reach on the DXY, both will rally up.
As we can see on the daily tf, DXY has created Relative Equal High at 105.459 which translate to this level being a liquidity pool. We are likely to see 105.459 being taken out put where can it go? As we can see, above 105.459, the closer PDArray is the OrderBlock (made the 30 Apr) which confluate with the 75% of the Dealing Range and another buyside...
