DXY is respecting bullish FVGs, at least in the near term. I'll be looking for:
Sell setups in EURUSD, GBPUSD, NZDUSD, AUDUSD.
Buy setups in USDCAD, USDCHF.
Komentar:
Price has pushed higher, as expected.
It reached the -FVG, without a significant pullback.
Now what?
We watch for the reaction to this poi. As I mentioned in the analysis, if price continues to make its way higher.... disrespecting bearish PD Arrays, then we maintain a bullish bias. If the reaction is sharp, we wait until the bullish FVGs are disrespected before considering a change in our bias.
Did you take sells in the xxxUSD pairs? Buys in the USDxxx pairs??
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It reached the -FVG, without a significant pullback.
Now what?
We watch for the reaction to this poi. As I mentioned in the analysis, if price continues to make its way higher.... disrespecting bearish PD Arrays, then we maintain a bullish bias. If the reaction is sharp, we wait until the bullish FVGs are disrespected before considering a change in our bias.
Did you take sells in the xxxUSD pairs? Buys in the USDxxx pairs??