The Dollar Index recently closed above a previous lower high, signaling a possible bullish trend continuation. However, the recent drop has only seen wicks covering the higher low, suggesting this may just be a liquidity sweep rather than a true bearish reversal.
📊 Key Observations:
✔ Higher Low Sweep: Current price action suggests liquidity is being grabbed before a potential move higher.
✔ Daily Structure: This move aligns with a possible sweep on the D1 timeframe, meaning a bullish reaction could be imminent.
🔎 Next Steps: Watching for bullish confirmation before taking long positions. If price reclaims support, a continuation toward higher levels is likely.
📊 Key Observations:
✔ Higher Low Sweep: Current price action suggests liquidity is being grabbed before a potential move higher.
✔ Daily Structure: This move aligns with a possible sweep on the D1 timeframe, meaning a bullish reaction could be imminent.
🔎 Next Steps: Watching for bullish confirmation before taking long positions. If price reclaims support, a continuation toward higher levels is likely.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.