Look8ng at the daily chart, price earlier created break of structure and pushed up to fill liquidity, which triggered sell afterwards based on the BOS.
Looking at the USD DXY formation, it's time to buy short term as price hit demand zone on daily.
Current demand zone would not hold much after a medium term because of equal low liquidity printed previously by the demand zone.
Sometime in the week, price will trigger new bearish move which is bound to create a long term sell again breaking below previous demand zone to a new low.
Looking at the USD DXY formation, it's time to buy short term as price hit demand zone on daily.
Current demand zone would not hold much after a medium term because of equal low liquidity printed previously by the demand zone.
Sometime in the week, price will trigger new bearish move which is bound to create a long term sell again breaking below previous demand zone to a new low.
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