U.S. Dollar IndexShort
DXY Trading Journal
DXY Trading Journal
Jan30
Price took buy stops from last Friday, closed just above where it opened.
Price did in fact seek higher prices, gravitating to the equal high, rebalancing a Hourly FVG and creating equal highs inside a FVG it rebalanced I did not have noted. COOL!
Tuesday was consolidation pattern, yesterday a expansion to buy side and then a reversal in NY.
Today in Asia price is opening to a consolidation in a previous sessions discount. Have to read the chart for clues if Price will retrace back up to the 50% and take the FVG?
Price is delivering to a premium on the Daily chart and current range. I consider that we might see Price seek lower prices, with a FVG, volume imbalance, with a event horizon and multiple MOGs lower I suspect could be the magnet. be nimble and read what the chart offers.
Could be another low resistance day of price action. The set up are getting easy to spot.
Jan30
Price took buy stops from last Friday, closed just above where it opened.
Price did in fact seek higher prices, gravitating to the equal high, rebalancing a Hourly FVG and creating equal highs inside a FVG it rebalanced I did not have noted. COOL!
Tuesday was consolidation pattern, yesterday a expansion to buy side and then a reversal in NY.
Today in Asia price is opening to a consolidation in a previous sessions discount. Have to read the chart for clues if Price will retrace back up to the 50% and take the FVG?
Price is delivering to a premium on the Daily chart and current range. I consider that we might see Price seek lower prices, with a FVG, volume imbalance, with a event horizon and multiple MOGs lower I suspect could be the magnet. be nimble and read what the chart offers.
Could be another low resistance day of price action. The set up are getting easy to spot.
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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.