We have taken sell side liquidity and headed up above the 50% of the swing. Price is now retracing to the OB on the higher time frame gearing for a strong move to take buyside liquidity. I believe it will continue bullish after this retracement down.
As we took liquidity from the upside, I see a rush going towards sell side liquidity, trapping the buyers taking them back to the 50% of the range. I could be wrong but that would create the SMT divergence to the sell side driving the DXY higher as anticipated going for those equal highs to the left on the Daily chart.
Fundamental, the US economy is falling and...
Took out sell side liquidity and now i believe it will attack buyside. Price broke structure and retraced below equilibrium into a FVG gearing to go higher.