Possible reversal points on the DXY 4 Hours DXY dropped a while age with strong momentum and the current push up is most likely to be just a retracement before pushing prices further down. I'm looking for price to react from previous supply so as to determine whether the Dollar is now bullish or if its gonna drop further.
the pair has retraced back into demand zones and has rebalanced price. The pair has also started to break structures upward on lower timeframes indicating a bullish sentiment which then triggers the buyside move. hence on this pair I'm expecting price to rise to new highs. however this analysis is given without much consideration to high impact news/
pricing has been continuously bullish with sharp impulsive moves and good correction waves when rebalancing and that's the idea I'm still supporting for us30. I'm expecting for price to reverse to discount demand zones to rebalance inefficiencies before continuing to rise up. Hence overall I'm bullish.
After some market structure breaks to the upside, the pair has repriced back into bullish points of interest for presumably yet another push to the upside. Price also close with a rejection candle on the h1 hinting a bullish favor to probably around level 0.66100. Hence even though the market might have been bearish in higher timeframes, for now i believe the...
1 . Price is bullish 2 . Some nice bullish points of interest left behind 3 . Imbalances above points of interests to draw the market into our poi {points of interest} 4 . once price falls back to our poi we execute on lower timeframes overall i'm supporting the short to median term longs for The dollar Index
GJ might reverse on lower timeframe demand zones to continue its bullish run...see my attached link for the idea re
lower time frame demand zones to possibly continue price to the upside.
Looking to see price rebalancing imbalances to the upside and mitigating the short term supply zone to find shorts down to unmitigated demand zones and order blocks before continuing to the upside. However keep in mind that the short term supply might fail and demand continues to be in control
looking for price to reverse into the bullish order block to continue the bullish trend. However price might reverse lower first to mitigated the previous unmitigated order blocks and fill imbalances left before whilst also clearing a lot of that liquidity down below.
EUR/GBP possible continuation to the downside after an H1 POI was mitigated and lower timeframe order flow shifted bearish again in the form of a bearish change of character indicating the bearish sentiment. Entry points will be confirmed as fractals on the 5min or 15min for better risk reward ratios. However an aggressive entry on the H1 has already presented...