DXY Q3 bearish bias confirmed.
Quarterly: Based on the Quarterly theory this is Q3 of this year 24, & Q2 was the manipulation of this year, which has been formed upside, So the Q3-Destribution the price will go down whole August-September 2024,
Draw on Liquidity: If I draw a FIB from the last year low to this year high the OTE Level is around 102-389 to 101.917. levels. So we will check any monthly PDA in this levels for the DOL, for the price.
Weekly: As there was 2 W-FVG- 's bellow the PQM level's so POI of price revarsal was that 2 W-FVG- 's for revarsal.
Now before the NFP Day, there are a possible W-SMT has been forming, So this confirmed me that the price is giving us a sign of revarsal. We need h4 confirmation for that to be more clear.
H4: In this H4 the price has formed a bearish H4-Breaker/Unicorn formation, which is a strong sign of revarsal, in a W level of POI, which gives me farther confirmation that in the up coming week the price will move lower.
So when all this 4 analogy
1. Quarterly Q3, Bearish analogy,
2. W-FVG- as a resistance,
3. H4-Bearish Breaker,
4. W-SMT in W-FVG-
When placed all to-gather in the chart, it gave me a confirmation that the DXY is going down up coming 2 months.
Draw on Liquidity: If I draw a FIB from the last year low to this year high the OTE Level is around 102-389 to 101.917. levels. So we will check any monthly PDA in this levels for the DOL, for the price.
Weekly: As there was 2 W-FVG- 's bellow the PQM level's so POI of price revarsal was that 2 W-FVG- 's for revarsal.
Now before the NFP Day, there are a possible W-SMT has been forming, So this confirmed me that the price is giving us a sign of revarsal. We need h4 confirmation for that to be more clear.
H4: In this H4 the price has formed a bearish H4-Breaker/Unicorn formation, which is a strong sign of revarsal, in a W level of POI, which gives me farther confirmation that in the up coming week the price will move lower.
So when all this 4 analogy
1. Quarterly Q3, Bearish analogy,
2. W-FVG- as a resistance,
3. H4-Bearish Breaker,
4. W-SMT in W-FVG-
When placed all to-gather in the chart, it gave me a confirmation that the DXY is going down up coming 2 months.
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