Analysis of DXY in 4H
I have two senarios for DXY this week:
First senario, the price declines to101.76 and moves swiftly through this zone while forming a FVG pattern, in this situation, selling towards 99/5 presents a high probability trade.
Second senario, the price rises above 103/09 and closes above it on 4H.
Then , I shift my attention to the 15 min chart .After a pullback and the formation of FVG on the 15 min chart , I would consider buying with the target of 104/5.
First senario, the price declines to101.76 and moves swiftly through this zone while forming a FVG pattern, in this situation, selling towards 99/5 presents a high probability trade.
Second senario, the price rises above 103/09 and closes above it on 4H.
Then , I shift my attention to the 15 min chart .After a pullback and the formation of FVG on the 15 min chart , I would consider buying with the target of 104/5.
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