DXY Forecast
Presenting an in-depth analysis of the HTF DXY as we transition into Q3/4 (Sept - Dec).
• Identify higher time frame ICT market maker buy model. Mark out sell-side & buy-side of the curve. https://www.tradingview.com/x/wQREr2Tx/
• Price traded to the monthly FVG and respected it, indicating the smart money reversal for MMBM. SMR @ HTF Array
• Identify Premium/Discount arrays within the larger price swing.
• The period from January to June marked the accumulation phase of the 2023 yearly candle. Yearly accumulation manipulation distribution candle (ICT Power of 3).
• September, October, and November exhibit a strong bullish seasonal bias.
• ERL liquidity taken, 1W FVG is now the new DOL.
• Swing grade larger price swing & identify 0, 0.25, 0.50, 0.75 & 1 for added confluence.
• External Range Liquidity/Buy-Side Liquidity at 106.00 & 104.700
• Ideally, 1W Re-Delivered, Re-Balanced region would be a good entry point (on DXY correlated pairs) before or after taking ERL at 104.700
• HTF Market Cycle = Retracement
• BULLISH DXY = BEARISH FOREIGN CURRENCIES
•••TIME & PRICE•••
• Identify higher time frame ICT market maker buy model. Mark out sell-side & buy-side of the curve. https://www.tradingview.com/x/wQREr2Tx/
• Price traded to the monthly FVG and respected it, indicating the smart money reversal for MMBM. SMR @ HTF Array
• Identify Premium/Discount arrays within the larger price swing.
• The period from January to June marked the accumulation phase of the 2023 yearly candle. Yearly accumulation manipulation distribution candle (ICT Power of 3).
• September, October, and November exhibit a strong bullish seasonal bias.
• ERL liquidity taken, 1W FVG is now the new DOL.
• Swing grade larger price swing & identify 0, 0.25, 0.50, 0.75 & 1 for added confluence.
• External Range Liquidity/Buy-Side Liquidity at 106.00 & 104.700
• Ideally, 1W Re-Delivered, Re-Balanced region would be a good entry point (on DXY correlated pairs) before or after taking ERL at 104.700
• HTF Market Cycle = Retracement
• BULLISH DXY = BEARISH FOREIGN CURRENCIES
•••TIME & PRICE•••
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.