DXY - Ranges overview (update)
DXY is currently sitting at the lows we looked for yesterday. What should we look for next....
Personally expecting DXY to range for a bit and reclaim of the level. IF we get the reclaim we should expect this drop to be a deviation --> indices, crypto, stocks should then top and we could expect lower prices
IF DXY fails to reclaim the level we will get back into the previous range (red range). The range has been tapped once so far - let's see how we play during London and NY open.
No clear plan for now but we have set two CLEAR PLANS, EXECUTION ZONES and now we will WAIT.
Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.
Personally expecting DXY to range for a bit and reclaim of the level. IF we get the reclaim we should expect this drop to be a deviation --> indices, crypto, stocks should then top and we could expect lower prices
IF DXY fails to reclaim the level we will get back into the previous range (red range). The range has been tapped once so far - let's see how we play during London and NY open.
No clear plan for now but we have set two CLEAR PLANS, EXECUTION ZONES and now we will WAIT.
Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.
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