DXY - Ranges overview
Not much happening on DXY or at lest nothing we did not anticipate.
Simple plan and overview from these levels.
IF we manage to hold the current range highs expect us to continue hunt the buyside resting around 106's.
IF we break through and hold below the buyside of the range (red line) expect us to aggressively run towards the sellside liquidity resting around 103'.s
As always..higher DXY is linked to lower indices, forex and crypto and lower DXY is linked to higher indices, forex and crypto.
Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.
Simple plan and overview from these levels.
IF we manage to hold the current range highs expect us to continue hunt the buyside resting around 106's.
IF we break through and hold below the buyside of the range (red line) expect us to aggressively run towards the sellside liquidity resting around 103'.s
As always..higher DXY is linked to lower indices, forex and crypto and lower DXY is linked to higher indices, forex and crypto.
Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.