Rattibha

dollar Index. 1d.
having filled the ce (mid point) of the monthly fair value gap, what do you see at the moment?
there's a way logic behind reading price action in such manner like this, where you have things to look for that will help validation of price or not.
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a thread

dollar Index. 1d.
there was apparently a consolidation before price headed to fill the monthly fair value gap, and it has very well fill half of the bisi.
there's as well the buyside liq. trap in view. how do you reason with such price action?

dollar Index. 1d.
I spoke about wednesday's high in my last post which I will link to this. I said that wed's high will play an important role in determining higher prices or not.
we had price took wed's low and high, which also indicates a drc (daily reversal candle)...

dollar Index. 1d.
it then follows to say that, thursday's low will be very significant now in either a validation or an invalidation of higher prices.
price filled the fair value gap before printing up candles that day, and ended a strong buy day.

dollar Index.
scenario 1:
with thursday's supporting price, I expect to see higher prices.. which will mean, lower prices as well for eurusd. I will safely hunt then.

dollar Index.
scenario 2:
price could as well invalidate thursday's low, and rally down for more downside.
so, how do you handle this dilemma? stay with me.

dollar Index. 1M.
price already on a monthly timeframe is giving a bullish sentiment. but we can't be quick to determine that just yet..
a potential AMD altogether this tf is screaming.

dollar Index. 4h.
for my bullish sentiment to hold, I expect to see this structure support higher prices, and we continue to print upclose candles till the buyside liq, 107.348 or at least, to the volume imbalance.

dollar Index. 1d.
so if we have monday gives us a downclose or indecisive candle and tuesday reclaims monday's high, I will get in on fiber (eurusd) sell, and take it to the closest discount array at least, the daily BISI.
will patiently see how price prints today.

this then comes in handy again.

fiber. 1d. 4h.
I also will expect thursday's high last week to support the sell sentiments on price.
if scenarios. that's how you trade with total objectivity.
if "a" happens, then "b" is likely to hold.
if "a" doesn't happen, then "c" is highly probable to print.