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DXY retrace before more down
Just taking notes and tracking my thoughts.
possible move for DXY to retrace up to 102.95 and run those stops on the fractal high, coincides with a bearish order block, but that may take us north of the alligator,
another possible move would be to retrace up and run stops at 101.74 fractal before continuing down. i seem to prefer this as that would still keep us under the alligator and still be bearish on daily
will have to see how it moves, would expect to see a 3 wave pattern up on the retrace to bring in the 'fish' into thinking reversal is in in order for big guys to fill their short orders.
possible move for DXY to retrace up to 102.95 and run those stops on the fractal high, coincides with a bearish order block, but that may take us north of the alligator,
another possible move would be to retrace up and run stops at 101.74 fractal before continuing down. i seem to prefer this as that would still keep us under the alligator and still be bearish on daily
will have to see how it moves, would expect to see a 3 wave pattern up on the retrace to bring in the 'fish' into thinking reversal is in in order for big guys to fill their short orders.
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