DXY Price analysis 19 May 2024
Monthly: The price come down after creating the M-Mss+, as there is no space left for M-FVG now so our bulish bias is invalid now.
Monthly Bias: Consolidation.
Weekly: The price has taken the W-FVG+ & closed bellow, Creating a W-MSS -, & there are 2 Target bellow situated in 103.921 level, so now our target is to go for the W-SSL.
Weekly Bias: Bearish.
Daily: The price has been rejected the W-FVG, now D-MSS- has been formed with a D-FVG- & the Price already rejected from that level, So the daily price is clearly showing that the we are going down, towards-103.921 level.
Daily Bias: Bearish
H4: In this level the price has been formed a h4 Cisd- from the daily FVG, so now we are confirmed that we are going towards down.
H4 :Bias Bearish.
Monthly Bias: Consolidation.
Weekly: The price has taken the W-FVG+ & closed bellow, Creating a W-MSS -, & there are 2 Target bellow situated in 103.921 level, so now our target is to go for the W-SSL.
Weekly Bias: Bearish.
Daily: The price has been rejected the W-FVG, now D-MSS- has been formed with a D-FVG- & the Price already rejected from that level, So the daily price is clearly showing that the we are going down, towards-103.921 level.
Daily Bias: Bearish
H4: In this level the price has been formed a h4 Cisd- from the daily FVG, so now we are confirmed that we are going towards down.
H4 :Bias Bearish.
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