On the weekly timeframe it is more convincing that the last spike down was a sellside liquidity grab in order to start reaching towards the buyside liquidity, starting with the descending trendline.
I will be anticipating further movement higher over the weeks/months to reach for the weekly Bearish Breaker Block. I also expect a measure of using a previous FVG/iFVG as support before heading higher. If price pushes higher into a weekly Orderblock residing above, then I would consider that the last line of defense before the DXY potentially making new highs.
I am excited about the possible setups based on DXY in the near future.
I will be anticipating further movement higher over the weeks/months to reach for the weekly Bearish Breaker Block. I also expect a measure of using a previous FVG/iFVG as support before heading higher. If price pushes higher into a weekly Orderblock residing above, then I would consider that the last line of defense before the DXY potentially making new highs.
I am excited about the possible setups based on DXY in the near future.
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R2F Trading
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road2fundedtrading.com
Telegram: t.me/Road2Funded
Private Coaching Available
road2fundedtrading.com
Telegram: t.me/Road2Funded
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.