USDX Seeing as how we have a bearish engulf candle here with a new bearish imbalance, I can only assume we are wanting to visit the bullish imbalance range next (blue)
Only thing that's topping me from acting on that is that we are inside of Monday/Tuesday new day opening gap and failing to close below its 50% level as well as failing to close below the bearish impulse candle low 😈
This range is really trying to build orders i.e. take people's money to do with it as it pleases lol it's a sandwich fest and we're the meat
USDX Nothing but an imbalance sandwich so far this week 🥪
I literally have no expectations here which is super rare for me, it's megaphoning rn after yesterday's close, meaning yesterday had a higher high and lower low than the previous day.
No way to predict what today will bring yet--according to the daily at least, going to look at the 4H next, but can't expect to see much more atm
DXY I don't trade the dollar on a daily basis, but loved seeing the 110 calls last week, just watch it bleed, the denial hasn't set in for the blood currency. they said dollar is backed by US military bRO send it to 120, then it dropped and did a retrace to 100 , "send it to 110 bro uncle Sam gonna save it " 😆 just let it age boys, 80s in the 2020s is a real probability. pop this bottle open and sell your gold in 2030 +/- a year or 2
DXY For now, our previous analyses still hold on the currency pairs, since today is the first day of the trading week — and the market is usually quite calm at the beginning, especially considering that this week is light on news, while last week was very volatile. So, the best approach this week is to stay patient and wait to catch selective opportunities.
USDX Seeing as how we have a bearish engulf candle here with a new bearish imbalance, I can only assume we are wanting to visit the bullish imbalance range next (blue)
