DXY has a few PD Arrays to support the Bullish idea as I'd like to see the market rally from the Daily FVG but with the current candle bearing I'll monitor the Hourly chart for market structure.
GBPUSD to Previous Daily Low. I expect to see GU push lower one more time targeting Fridays low my entry is fading the energetic candle that GU just produced.
GBPUSD still has to trade inside the Daily FVG which is my current Draw on Liquidity and I expect price to trade off of the Hourly bullish FVG, before making any entries i want to see price show willingness to rally higher.
Relative strength analysis suggests that GBPUSD is stronger - we have EURUSD taking out Asian Session Low and GBPUSD failed to take out it's Asian Lows. In London I hope to see willingness to buy before I long both GBPUSD and EURUSD.
Framing a buy program on TVC:DXY from the 4 Hour key level to external range liquidity. When London Session begins I'll start looking for confirmation that price is willing to respect the Key level and then Long the $Dollar.
