DXY Trading Journal
DXY Trading Journal
July 30
Price rallied to delivered to my noted Daily SIBI to almost the 50% just shy. Second attempt in two trading days to rally. Price executed a 3 drive rally to take out Mondays buy stops and then reversed in NY taking the equal noted sell stops.
I suspect that Price will seek lower Prices Wednesday. Price could reach to rebalance the 4 IFVG 104.284 maybe reach as low as 104.140.
I consider that there is alot of red folder news tomorrow and Price could seek higher prices to the noted 4 IFVG 104.577 to rebalance as well.
July 30
Price rallied to delivered to my noted Daily SIBI to almost the 50% just shy. Second attempt in two trading days to rally. Price executed a 3 drive rally to take out Mondays buy stops and then reversed in NY taking the equal noted sell stops.
I suspect that Price will seek lower Prices Wednesday. Price could reach to rebalance the 4 IFVG 104.284 maybe reach as low as 104.140.
I consider that there is alot of red folder news tomorrow and Price could seek higher prices to the noted 4 IFVG 104.577 to rebalance as well.
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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.