my weekly bias for DXY
The current price movement of the 
DXY DXY currency pair indicates a significant development as it has entered into a Bearish Monthly Fibonacci Voltage Gauge (FVG), suggesting a potential bearish outlook for the foreseeable future.
Moreover, the recent price action has led to a movement into a High Time Frame (HTF) Fibonacci Voltage Gauge (FVG) on the Weekly Timeframe, a situation typically associated with Low Time Frame (LTF) Order Pairing, accentuating the importance of this move and its potential impact on market dynamics.
Furthermore, it's worth noting that price has also encountered resistance as it traded into a Bearish Daily Intraday Fibonacci Voltage Gauge (IFVG) and experienced a Volume Imbalance, followed by rejection from this level. This confluence of bearish signals underscores the prevailing downward pressure in the market.
In terms of trading strategy, my focus is directed towards capitalizing on the sell-side liquidity present below the current price levels, with potential targets extending towards the Bottom of the Previous Range (BPR), anticipating further downside movement in the market.
Additionally, considering the 4-hour timeframe, I'm closely monitoring the Market Maker Sell Model (MMSM) for further insights into potential market dynamics and entry opportunities aligned with the overall bearish sentiment.
XAUUSD XAUUSD XAUUSD
Remember. None of this is Financial Advice.
These are just my opinions.
Feel free to use them to your advantage and/ or share your own opinions in the comment section.
DXY DXY currency pair indicates a significant development as it has entered into a Bearish Monthly Fibonacci Voltage Gauge (FVG), suggesting a potential bearish outlook for the foreseeable future.Moreover, the recent price action has led to a movement into a High Time Frame (HTF) Fibonacci Voltage Gauge (FVG) on the Weekly Timeframe, a situation typically associated with Low Time Frame (LTF) Order Pairing, accentuating the importance of this move and its potential impact on market dynamics.
Furthermore, it's worth noting that price has also encountered resistance as it traded into a Bearish Daily Intraday Fibonacci Voltage Gauge (IFVG) and experienced a Volume Imbalance, followed by rejection from this level. This confluence of bearish signals underscores the prevailing downward pressure in the market.
In terms of trading strategy, my focus is directed towards capitalizing on the sell-side liquidity present below the current price levels, with potential targets extending towards the Bottom of the Previous Range (BPR), anticipating further downside movement in the market.
Additionally, considering the 4-hour timeframe, I'm closely monitoring the Market Maker Sell Model (MMSM) for further insights into potential market dynamics and entry opportunities aligned with the overall bearish sentiment.
XAUUSD XAUUSD XAUUSD Remember. None of this is Financial Advice.
These are just my opinions.
Feel free to use them to your advantage and/ or share your own opinions in the comment section.
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