DXY March 20 Analysis DXY
March 20 Analysis
Price parent bias is bear
Price is Discount M/W/D
Previous session DISCOUNT and DISCOUNT on the daily range
new 8:30
March 19 delivery
Price was in a discount after consolidation rallied in London to session 50 as I suspected and rallied to the daily range 50. Retraced with a small consolidation coming into NY. 7 macro judus swing small consolidation to reverse and rally to buy stops target and FVG. FOMC price retraced a discount on the .79 DR and consolidated. Stop hunt raid?
Note how prices swing was from .79 to .79 on the daily range.
March 20 delivery
Its likely after the raid on buy stops and that Price is now rebalancing a HTF FVG that we could see price continue to seek lower prices. It could show signs of wanting to come to the 50 previous session range so be open to what the chart prints.
My Model Factors
Price will have to do the following for me to trade
*session liquidity taken
*macro time only
*first presented FVG
*4 candle pattern
*hour analysis down to 1 min every 15 minutes
*every hour mark out what price has done
Stay open to build narrative once Asia opens.
Stay open to reading price delivery