DXY Trading Journal
Feb 7
This week Price has been on sell side raid, M, T, W rebalancing volume gaps from Monday and Monday Jan 27. Gaps are magnets is the take away from this week. Seems obvious now in hindsight. Institutional price delivery is now clear to me. How it steps down and where and why it consolidates.
Yesterday price took out equal highs in London consolidating at the .618 before declining.
Today price starts in a double discount if price makes it to key buys stops in London it should set up NY for a sell off.
Alternatively Price could come to the equal lows and then seek higher prices to finish the week.
Watch where price take key stops and make analysis from there.
Feb 7
This week Price has been on sell side raid, M, T, W rebalancing volume gaps from Monday and Monday Jan 27. Gaps are magnets is the take away from this week. Seems obvious now in hindsight. Institutional price delivery is now clear to me. How it steps down and where and why it consolidates.
Yesterday price took out equal highs in London consolidating at the .618 before declining.
Today price starts in a double discount if price makes it to key buys stops in London it should set up NY for a sell off.
Alternatively Price could come to the equal lows and then seek higher prices to finish the week.
Watch where price take key stops and make analysis from there.
Trade active
revision: while we might be shifting to a bear market I consider that Price will buy side liquidity. "Alternatively Price could come to the equal lows and then seek higher prices to finish the week.
Watch where price take key stops and make analysis from there."
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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.