Just notes, in my opinion alot of variations could happen, the biggest being:
Inducement before data releases.
A midweek reversal that induced sellers.
DXY could have a retracement (reacting on HTF -OB)
Inducement before data releases.
A midweek reversal that induced sellers.
DXY could have a retracement (reacting on HTF -OB)
Note
slapped out. Interested to see how this currently big up candle closesNote
NY midnight open could get hitNote
Internet browser decided to have a meltdown whilst I was about to post an update! I won't rewrite everything as it was practically a book!So just this..
Today or after 1st October this will be answered..
Was this week:
Inducement before data releases.
A midweek reversal that induced sellers.
(excluding todays data releases & the budget bill) My technical opinion is this was a corrective move, Daily has filled inefficiency (fvg) which lines up with the first 4h FVG of the week (which was already tested but left liquidity to target.. can say thats been taken now) this area is also where HTF price reacts around (no the precise number just an area).
This would tie in with buyers induced before data release to drop further but this is just technical theory as theres alot going on Macro & Micro !
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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.