I'm bearish on DXY dollar down to 104.080 (previous 2 week candle low)
I view the current move up in price as a potential opportunity to short DXY.
Intermediate timeframe (h8) is delivering bullish (closing above the highs of down close candles). In this scenario, I watch for entries above fractal h8 swing highs, or if there is a bearish h8 cisd, enter on pullbacks into bearish arrays.
I view the current move up in price as a potential opportunity to short DXY.
Intermediate timeframe (h8) is delivering bullish (closing above the highs of down close candles). In this scenario, I watch for entries above fractal h8 swing highs, or if there is a bearish h8 cisd, enter on pullbacks into bearish arrays.
Comment:
We ended up having a m30 bearish CISD, and h8 closed as a sweep. possible high of the week has been put in on dollar index, low put in on EURUSD.
Comment:
DXY closed above daily sibi today. WIll be looking for it to treat it as support now, and likely see higher dollar Thursday.