here is two charts. first with dxy if we are to see the dxy hold the weekly sibi then eurusd should go much longer away from the weekly order block it sits at now. there are inefficiencies below the market place for dxy this should correspond to inefficiencies above the market place for eurusd. now for my idea to be wrong i wouldnt want to see price close below the weekly ob presented. if this happens then that means that dxy violated the weekly sibi it currently sits at now and remained bullish
Order cancelled
not what i wanted to see the dollar still remains bullish
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.