DXY LONG IDEA
From a price action point of view, DXY is poised to go higher, we have generated liquidity and I anticipate a run higher.
FOMC volatility news at 1400hrsNY should provide more volume for price to squeeze higher.
I anticipate any trader net short from London from 99.747 should be taken out and a possible final target of at least 99.871 is probable. If price consolidates expect massive expansion higher during the Asian Session.
I'm seeing long opportunities before a reversal.
Inversely correlated pairs such as GBPUSD, and EURUSD should see a push lower until before 1515rsNY.
Theory: Do not fight the FED
Annotations made on the chart
FOMC volatility news at 1400hrsNY should provide more volume for price to squeeze higher.
I anticipate any trader net short from London from 99.747 should be taken out and a possible final target of at least 99.871 is probable. If price consolidates expect massive expansion higher during the Asian Session.
I'm seeing long opportunities before a reversal.
Inversely correlated pairs such as GBPUSD, and EURUSD should see a push lower until before 1515rsNY.
Theory: Do not fight the FED
Annotations made on the chart
Nota
smart money traders are long on the impulsive candle,Ordem cancelada
made another entry long
Aviso legal
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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.