The DXY has been forming higher highs, signaling bullish momentum. Currently, the market appears to be making a short-term retracement into a daily bullish order block (OB) at 105.174, which aligns with a high-probability setup, further supported by a fair value gap (FVG) just above it.
Confirmation of this retracement transitioning into expansion will occur if a daily candle taps into the OB and closes above the PD array. If this scenario unfolds, the next target is the buy-side liquidity (BSL) at 108.060, marking a significant level for potential upside momentum.
Keep an eye on the daily closures for validation, and always align entries with confluences for optimal risk management.
Confirmation of this retracement transitioning into expansion will occur if a daily candle taps into the OB and closes above the PD array. If this scenario unfolds, the next target is the buy-side liquidity (BSL) at 108.060, marking a significant level for potential upside momentum.
Keep an eye on the daily closures for validation, and always align entries with confluences for optimal risk management.
INSIDERINTEL
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INSIDERINTEL
Publicações relacionadas
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.