DXY Trading Journal

35
DXY Trading Journal
Jan31

I am very happy with yesterdays Price action. Price did gravitate to the 50% level where it rebalanced a 15M FVG. I also stated that The volume imbalance event horizon, along with MOGs could be a magnet, It sure was! Great analysis.

Price consolidated in Asia coming to the 50 and FVG in London. Price took equal lows, wicking into the volume imbalance from Monday, bouncing at the CE in NY with manipulated ND. Price created equal highs easy target to the buy side today.

Price is delivering to a Premium on the Daily and previous range.

Seems likely that Price will consolidate in Asia and potential reach for the equal highs before coming down to the 50 level, where there is a 15M FVG to rebalance.

There is Red folder at 830 in NY.

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.