DXY March 30 Weekly AnalysisDXY March 30 Weekly Analysis
*My parent bias is still bear coming into this week.
*No news Monday
*Previous session price is in a discount and in a consolidation cycle.
*Note that price is weaving in between 2 HFT inefficiencies.
*Study Sundays delivery
Since March 18 Price has had a run on buy stops. Price pivoted on Wednesday at the 50 level of the range its trading in.
I like how Price came up to the 50 level of the range its trading in and didn't spend much time there before breaking down. Avoiding the market on high resistance days like Thursday is getting easier to identify. When price is high resistance it is tipping its hand to a larger move coming so be patience and wait for price to come to my levels.
NFC is this week. Will complete my weekly idea once Sundays delivers. My bias is lower prices and suspect it could be a violative week of Price delivery.
Stay humble to what Price prints and don't get stuck in any idea yet be nimble.