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U.S. Dollar Index
Short

DXY Set for a Sell-Side Liquidity Sweep Following HTF Rejection

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Analyzing the recent price action of the DXY, it appears that a retracement to sell-side liquidity is in progress. Price has respected a higher timeframe order block (HTF OB) near 102.798, showing a significant wick into the OB before closing below it—a clear bearish signal. This indicates a likely push towards key sell-side liquidity around 100.215. Traders should watch for bearish continuation setups as liquidity pools are targeted.

Always remember: DYOR (Do Your Own Research).
INSIDER_INTEL
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Chart PatternsdollarindexDXYfxhightimeframeictliquiditysweeporderblockspriceactionsellsetupTrend Analysis

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Chart PatternsdollarindexDXYfxhightimeframeictliquiditysweeporderblockspriceactionsellsetupTrend Analysis
INSIDER_INTEL
Also on:

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.