*THIS IS NOT INVESTMENT ADVICE. THIS IS CHARTINGMONK PERSONAL ANALYSIS AND TRADE THEORIES*
I AM LOOKING FOR THE DXY TO FINISH OUT THE CURRENT FY ON THE BULLISH SIDE. THAT SAID, I DO WANT TO SEE IT SHOW US SOME SHORT TERM BEARISH FLOW AND THEN CONTINUE YOU HIGHER. I DO HAVE A TRENDLINE THAT I BELIEVE IT WILL CHASE TO BOUNCE OFF OF SOONER OR LATER. THESE ARE MY 2 CURRENT SCENARIOS. I AM NOT SURE IF IT WILL GO TO FILL THE DAILY FVG BUT THAT IS A NICE SPOT TO SEE IT BOUNCE FOR CONTINUATION.
IF WE SEE IT BREAK THE SELL BARIER, I WILL THEN LOOK FOR IT TO CHASE THE LOW OF THE CURRENT QUARTER/MONTH.
WILL PROVIDE UPDATES AS WE GO.
I AM LOOKING FOR THE DXY TO FINISH OUT THE CURRENT FY ON THE BULLISH SIDE. THAT SAID, I DO WANT TO SEE IT SHOW US SOME SHORT TERM BEARISH FLOW AND THEN CONTINUE YOU HIGHER. I DO HAVE A TRENDLINE THAT I BELIEVE IT WILL CHASE TO BOUNCE OFF OF SOONER OR LATER. THESE ARE MY 2 CURRENT SCENARIOS. I AM NOT SURE IF IT WILL GO TO FILL THE DAILY FVG BUT THAT IS A NICE SPOT TO SEE IT BOUNCE FOR CONTINUATION.
IF WE SEE IT BREAK THE SELL BARIER, I WILL THEN LOOK FOR IT TO CHASE THE LOW OF THE CURRENT QUARTER/MONTH.
WILL PROVIDE UPDATES AS WE GO.
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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.