DXY Trading Journal Analysis
DXY Trading Journal Analysis
July 13
Since March Price has been in a Premium range market. Will Price shift market structure and plunge below the 50 and seek equal lows this coming week? Or will it bounce off the 50% and bull again?
Impressive week of Price delivering lower prices as it did seek the 50% equilibrium almost made it. Cool to see Price bounce off the .62 percent to swing back up to 50% to accumulate more orders before bearing down.
Price did rebalance the Daily BISI and the1 hour IFVG at range my suspected target of 104.000 for the low target, to which the actual was 104.041.
I expect retracement to the range of 104.600 weeks high target. I also expect the sell stop target of 103.880 to be taken this week for the weeks low target.
July 13
Since March Price has been in a Premium range market. Will Price shift market structure and plunge below the 50 and seek equal lows this coming week? Or will it bounce off the 50% and bull again?
Impressive week of Price delivering lower prices as it did seek the 50% equilibrium almost made it. Cool to see Price bounce off the .62 percent to swing back up to 50% to accumulate more orders before bearing down.
Price did rebalance the Daily BISI and the1 hour IFVG at range my suspected target of 104.000 for the low target, to which the actual was 104.041.
I expect retracement to the range of 104.600 weeks high target. I also expect the sell stop target of 103.880 to be taken this week for the weeks low target.
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.
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.