DXY (Dollar) Markup 🥷🏽 going into the week
(July 29, 2023)
Don’t forget to follow & like if you enjoy 👸🏽
Let’s get started.
Where do we start ?? The weekly timeframe.
What do you see?
(July 29, 2023)
Don’t forget to follow & like if you enjoy 👸🏽
Let’s get started.
Where do we start ?? The weekly timeframe.
What do you see?
We see we tapped into a Weekly FVG (internal range liquidity.)
We should now be interested in external range liquidity of our current range.
We are going to confirm this idea on the 4H timeframe.
But let’s go to the Daily first to show that the draw on liquidity is not clear.
We should now be interested in external range liquidity of our current range.
We are going to confirm this idea on the 4H timeframe.
But let’s go to the Daily first to show that the draw on liquidity is not clear.
We see we are currently inside the weekly FVG.
We also see that we took external range liquidity on the daily time frame.
We would now be interested in internal range liquidity, Right?
Correct, but I see no clear draw, there’s no new FVG.
So let’s check out the 4H timeframe.
We also see that we took external range liquidity on the daily time frame.
We would now be interested in internal range liquidity, Right?
Correct, but I see no clear draw, there’s no new FVG.
So let’s check out the 4H timeframe.
If we are bearish on a certain week. We would be interested in Tuesday or Wednesday creating the high of the week.
What i’m trying to get at, is we may take out this high on the 4H timeframe & maybe fill the Weekly FVG.
We would then wait on a market structure shift on the 4H.
What i’m trying to get at, is we may take out this high on the 4H timeframe & maybe fill the Weekly FVG.
We would then wait on a market structure shift on the 4H.
As of right now. The market structure shift is this low I marked up with a lightbulb & dotted line.
But, if we are expected Monday & Tuesday to be bullish
We would expect this 4H high to be taken before correct ?
That would make this low on the next thread (continued)
But, if we are expected Monday & Tuesday to be bullish
We would expect this 4H high to be taken before correct ?
That would make this low on the next thread (continued)
If this high is broken as expected like this.
The low I marked up would be the new market structure shift.
We would wait for a clean market structure shift with displacement.
(meaning shifting & closing below the low & leaving gaps.)
The low I marked up would be the new market structure shift.
We would wait for a clean market structure shift with displacement.
(meaning shifting & closing below the low & leaving gaps.)
This is all I got for DXY as of right now until it shows it’s hand.
I’m not 100% right. The market will do what it wants. Adapt with what it gives you! It will show its hand.
Don’t forget to like & follow if you enjoyed !!
Would be much appreciated 😁❤️
Have a good weekend.
I’m not 100% right. The market will do what it wants. Adapt with what it gives you! It will show its hand.
Don’t forget to like & follow if you enjoyed !!
Would be much appreciated 😁❤️
Have a good weekend.
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