This is a bullish possibility for DXY price action for next week.
Monthly:
- Price took a swing low confluent with a bearish breaker in discount and closed above the level;
Weekly:
- Price Took a swing below monthly swing with a bullish reaction. If this week closes with above previous weeks high, it confirms a bullish weekly swing;
Daily:
- Monday printed the likelly low of the week
- A daily fair value gap is open allow with a volume imballance around monday open signalling bullish price action - a retrace to these levels would be a good buying opportunity.
4h:
- there is a market maker buy model in play.
- as of now, price already printed an intermidiate term low signalling that low risk buy myght have happened.
News forecast:
- I expect NFP to either retrace price to daily fvg or daily volume imbalance and leave a bullish reaction.
- FOMC next week might bring the volatility to complete the mmbm
Thank you for reading
Monthly:
- Price took a swing low confluent with a bearish breaker in discount and closed above the level;
Weekly:
- Price Took a swing below monthly swing with a bullish reaction. If this week closes with above previous weeks high, it confirms a bullish weekly swing;
Daily:
- Monday printed the likelly low of the week
- A daily fair value gap is open allow with a volume imballance around monday open signalling bullish price action - a retrace to these levels would be a good buying opportunity.
4h:
- there is a market maker buy model in play.
- as of now, price already printed an intermidiate term low signalling that low risk buy myght have happened.
News forecast:
- I expect NFP to either retrace price to daily fvg or daily volume imbalance and leave a bullish reaction.
- FOMC next week might bring the volatility to complete the mmbm
Thank you for reading
Trade active
Today signaled continuation and confirmed low risk buy is already printed.I expect a Daily Fair value gap to be printed with wednesday, thursday and friday candles.
Friday candle is expected to be bullish
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.