DXY Jan 27 Analysis-back testing logDXY
Jan 27 Analysis-back testing log
Price trading/rebalancing inside a HTF FVG from Dec 18.
Asia Price is delivering to a Premium in a consolidation pattern takes recent buy side liquidity, creating higher level of equal highs.
Note Price does not take the higher buy side liquidity.
Note the range bound candle pattern, DO NOT TRADE IN THESE CONDITIONS.
London Price fake moves in 2 macro only to create equal highs. At 3 macro Price takes those highs, and aggressively lowers, for the 50 level slicing through recent taking sell side liquidity, landing right on NWOG. Weaves in and out of Friday's gap.
4:50 structure is broken as Price kisses the 70 level and declines again to the know sell side liquidity.
NY Price rallies at 9:15 toward the 50 level, rebalancing efficient delivered in London. By 2 Price comes back up to hit the 50 level.