Hello Traders,
The dollar has been rallying for days and weeks and we are slowly approaching a potential turning point. Price has already cleared two weekly buy-side liquidity (previous high) on its way up and is approaching the third.
Although I am speculating and willing to go short, the market structure doesn't confirm to me bearish sentiment.
I have annotated on the chart any of the 2 price structures that will interest me to go short. Until such a pattern is printed on the chart, I still believe that the dollar will continue to rally.
Once any of these patterns appear, I will review the seven USD pairs to trade accordingly.
Follow for more updates like this.
Cheers,
Jabari
The dollar has been rallying for days and weeks and we are slowly approaching a potential turning point. Price has already cleared two weekly buy-side liquidity (previous high) on its way up and is approaching the third.
Although I am speculating and willing to go short, the market structure doesn't confirm to me bearish sentiment.
I have annotated on the chart any of the 2 price structures that will interest me to go short. Until such a pattern is printed on the chart, I still believe that the dollar will continue to rally.
Once any of these patterns appear, I will review the seven USD pairs to trade accordingly.
Follow for more updates like this.
Cheers,
Jabari
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這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。