U.S Dollar: April 22nd-26th, 2024
Bullish Dollar/ Bearish Euro + Pound:
- Euro + Dollar ended up ranging out by previous week's close.
- Prev. week close, printed an imbalance on the weekly chart.
- Until htf draw is booked I am bullish on Dollar, so im expecting us to exit this range to the top (after a run on sellstops...)
- Approaching the end of the month, so I want to see it pick up the pace considering our buyside targets have not been booked.
- Euro + Dollar ended up ranging out by previous week's close.
- Prev. week close, printed an imbalance on the weekly chart.
- Until htf draw is booked I am bullish on Dollar, so im expecting us to exit this range to the top (after a run on sellstops...)
- Approaching the end of the month, so I want to see it pick up the pace considering our buyside targets have not been booked.
Note
Hunting longs into our weekly key level starting tmrw.
We have to buy before we can sell off. Due to the current P/D valuation, we could see a pretty deep retracement higher for a 1-2 weeks before getting more shorts.
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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.