This trade idea is based on support and resistance, and considering DXY is in my Demand zone. PLEASE DYOR... My Trade ideas are based on what I see. Thanks
Sweep of liquidity, Market Structure Shift, Liquidity pool... Everything points to a buy! But then again, it's the market, therefore, APPLY PROPER RISK MANAGEMENT
I had an ongoing trade before CPI, then added another position after CPI... My trades are based on structure and liquidity. I'll give an update on the outcome...
In my opinion, On the H4, we clearly see a sweep of liquidity and a MSS and then a BOS. We're now in a retracement into the premium zone for a fine sell. NB:- This is not a financial advice, DYOR