DXY
Dollar index has been consistently forming LL-LH on MTF as it approached internal protected/strong HL. we indeed expected that POI to be respected but judging from the momentum on HTF (like daily>) there's less chances of it being respected compared to it being broken so we do expect market to stay intact with shorts after the recent BOS.
We can now look into HTF to see future prices for dollar index like your weekly>Monthly timeframes.
Dollar index has been consistently forming LL-LH on MTF as it approached internal protected/strong HL. we indeed expected that POI to be respected but judging from the momentum on HTF (like daily>) there's less chances of it being respected compared to it being broken so we do expect market to stay intact with shorts after the recent BOS.
We can now look into HTF to see future prices for dollar index like your weekly>Monthly timeframes.
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