woah! Woah!! Woah!!! Here we are, going into another week and look how far we have come, all outlined in previous weeks all gaming out pretty nice recalling those monthly and weekly levels on DXY/EU.
Going into a new week we are again faced with the question of what next?
-So, what next?
-why you asking me, i don"t know!
A lot has happen in price in recent weeks, and we have seen a lot of storylines with some plot twist in recent week.
Let start with DXY!!!
For DXY i expected a full run into that weekly SIBI and monthly IFVG, but instead what we have seen is just a little poke into that weekly SIBI.
So, about EURUSD it went in deep, straight into the weekly BISI and up to the consequent encroachment of the monthly FVG.
-So, while EURUSD was showing willingness to go lower, DXY refused to go higher.
-while EURUSD filled the monthly IFVG, DXY was ok with only a poke at the weekly SIBI.
A DIVERGENCE IN PRICE I GUESS. WHAT'S YOUR OPINION?
I favour a downside for DXY while EURUSD rallies.
UNLESS A SIGNIFICANT CHANGE COMES IN, OTHER THAN THAT I STILL HOLD ON TO ALL THE IDEAS THAT I HAVE OUTLINED SO FAR.
Going into a new week we are again faced with the question of what next?
-So, what next?
-why you asking me, i don"t know!
A lot has happen in price in recent weeks, and we have seen a lot of storylines with some plot twist in recent week.
Let start with DXY!!!
For DXY i expected a full run into that weekly SIBI and monthly IFVG, but instead what we have seen is just a little poke into that weekly SIBI.
So, about EURUSD it went in deep, straight into the weekly BISI and up to the consequent encroachment of the monthly FVG.
-So, while EURUSD was showing willingness to go lower, DXY refused to go higher.
-while EURUSD filled the monthly IFVG, DXY was ok with only a poke at the weekly SIBI.
A DIVERGENCE IN PRICE I GUESS. WHAT'S YOUR OPINION?
I favour a downside for DXY while EURUSD rallies.
UNLESS A SIGNIFICANT CHANGE COMES IN, OTHER THAN THAT I STILL HOLD ON TO ALL THE IDEAS THAT I HAVE OUTLINED SO FAR.