DXY BEARISH REVERSAL
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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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.