Clean SR zones crucial area where the price is now. I'm gonna drop more analysis so that we can figure out DXY's moves.
Traders I don't have much data but with what I've I figure out something. DXY used to correct for about 5+ years and 1 year impulse so 2021 to 2022 it was impulse season so now is the genesis of correction for about 5+ years. TOP to DOWN analysis will post 1D & 4H and see what we've. TRADING PLAN IS YOUR TRADING NAVIGATION
My indicator for all JPY pairs aka JPYX Currency Index is printing out a good BUY setup where as it'll be good SELL setup to JPY pairs. We've falling wedge to an area of value resulting in double bottom. So we need to wait for impulse up followed by LTF continuation correction/bull flag to confirm our buy opportunities. TRADING PLAN IS YOUR TRADING NAVIGATION
Once post an analysis predicting its move to the up side now it's fulfilled. Double Top formed we need LTF continuation correction/bear flag to confirm SELL entries. TRADING PLAN IS YOUR TRADING NAVIGATION
1W or HTF I think we're in a corrective move that might print out a continuation correction/bull flag where as if drop to 1D market print out double top to push down/sell off and give us a 3rd touch for 1W correction. Let's do top to down analysis check out what we've on 4H market reach area of value in an ascending channel followed by impulse up and impulse down...
If we zoom out to HTF we've W pattern/double bottom formed for buy bias. 4H we're in a corrective move an ascending channel if we zoom in we see impulse followed by a continuation correction/bull flag with double bottom to confirm buy opportunities. TRADING PLAN IS YOUR TRADING NAVIGATION.
If we zoom out to HTF we're in a corrective move where I can say its printing out RS because HTF there's a clean Inverse H&S formation or we see impulse followed by continuation correction/bull flag. 4H that's where we've a short term sell and market already print out sell continuation correction to complete HTF correction. TRADING PLAN IS YOUR TRADING NAVIGATION.
HTF we're in a corrective move where I'm seeing a descending channel on 1D for market to print out W pattern/double bottom. If we zoom in to 4H we've a continuation pattern/bull flag but I'll suggest to execute a trade after a breakout and LTF correction to confirm continuation. TRADING PLAN IS YOUR TRADING NAVIGATION.
NZDJPY 1D we're in a corrective move its printing out a rectangle pattern and if we zoom in to 4H we've a descending channel where it might impulse going up to print out triple top and drop. TRADING PLAN IS YOUR TRADING NAVIGATION.
GBPUSD 1D we're on corrective move and if zoom in to 4H its dropping/sell continuation to a previous 4H low to print out double bottom. If it does print out double bottom its a 3rd touch on 4H chart pattern for GBPUSD to give us buy options. TRADING PLAN IS YOUR TRADING NAVIGATION.