U.S. Dollar IndexShort
DXY BEARISH REVERSAL
Updated
Price is accumulating at the highs, this indicate that the institutions are stacking orders.
I am anticipating a stop raid, since there is liquidity pool above the equal highs.
I anticipate price to trade to 100.00 then a possible reversal.
I am not trying to catch the highs, i will wait a confirmation n Lower time frame, i will be looking for a market structure shift in LTF for confirmations.
I am anticipating a stop raid, since there is liquidity pool above the equal highs.
I anticipate price to trade to 100.00 then a possible reversal.
I am not trying to catch the highs, i will wait a confirmation n Lower time frame, i will be looking for a market structure shift in LTF for confirmations.
Note
Using smart money technique(correlation) to look for #GBPUSD confirmations.
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