6 Tweets 3 reads Aug 11, 2024
$EU + $DXY
Weekly Outlook : A Topdown analysis ♻️
A Thread 🧵
$EU
Weekly :
Starting off from the weekly time frame,
• Price taps into IRL/FVG & respected it, takes out the buy side liquidity , So short term bearish on $EU
Daily :
• IRL -> ERL ♻️
• I want price to retrace to the daily order block before pushing higher
H4 :
• If price respects the H4 FVG,then a anticipating a sell model towards the order block
$DXY
Monthly :
• A swing low was tapped with an obvious run on Sell Side, short term bullish on $DXY
Weekly :
• IRL / FVG is my DOL , which is just formed, then eventually push lower towards discounted weekly FVG, short term bullish on $DXY
Economic Calendar 🚨 :
Our Road map ⬇️
Avoid Monday & Friday ( USD Pairs )
Tue, Wed & Thu Trade day ✅
Apart from that Interesting week ahead , filled with volatility ❗️
Hope you guys found my outlook insightful.
Thanks for Reading,
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Wishing you a guys a great week ahead ❗️
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