The Dollar retracement coninues.
Updated
Hello traders,
In the month of September, the low of the month was created at a very significant level which was also the High of July.
Since mid-September, there was an expansion in price which was then followed by consolidation in price and a retracement as we ended the month.
The price seems to be at a premium as it has not gone below the 50% mark.
This means it's ideal to look for a sell as the price trades lower into the BuOB and the FVG level.
Good luck đź’Ą
In the month of September, the low of the month was created at a very significant level which was also the High of July.
Since mid-September, there was an expansion in price which was then followed by consolidation in price and a retracement as we ended the month.
The price seems to be at a premium as it has not gone below the 50% mark.
This means it's ideal to look for a sell as the price trades lower into the BuOB and the FVG level.
Good luck đź’Ą
Note
The dollar has filled the FVG and retested the BuOB, look for buy opportunities
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