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
Catatan
smart money traders are long on the impulsive candle,Order dibatalkan
made another entry long
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Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.