DXY
JUNE DELIVERY NOTES
*June was a distribution candle rebalancing a BISI from March 2022
*daily chart shows price consolidate beginning of June, then mid month breaking to lower prices taking key equal lows, third week price retraces to make a 1 pip high, last week a trending sell off cycle to close the month
*Price is a discount parent range- anticipating a pull back this week for NFP
*Monthly price has broken structure and expecting it to gravitate to the .70 level 96.672 and rebalance the volume imbalance from Feb 2022 for the next coming weeks target ideas
*4 hour chart shows price in a consolidation Thursday and Friday-expansion expected Monday
June 27 DELIVERY
*Price opens in Asia in a expansion cycle to take minor buy side and create a wall of equal highs
*21:00 retraces creates equal lows
*0:00 price takes minor equal highs
*2 London macro price rallies for my suspected equal lows target
*3 macro small retrace of delivery
*7 macro price fake swing to equal lows -creates a wall of equal lows
*9 macro price rallies for equal highs
*13:00 price expands to take session buy stops
*closes retracing to the 50 level
JUNE 30 IDEAS
*I suspect for Sunday's delivery to take minor equal lows possibly the equal lows for a deep discount set up for a buy day- Monday
*last liquidity Friday buy side
*Price is in a deep discount over sold is my thought with the sell off we saw Monday through to Wednesday we could see Price retrace to the 50 level 98.204 for this weeks pull back?
*NFP week ahead parent bias is KING and we are still bear on this pair
JUNE DELIVERY NOTES
*June was a distribution candle rebalancing a BISI from March 2022
*daily chart shows price consolidate beginning of June, then mid month breaking to lower prices taking key equal lows, third week price retraces to make a 1 pip high, last week a trending sell off cycle to close the month
*Price is a discount parent range- anticipating a pull back this week for NFP
*Monthly price has broken structure and expecting it to gravitate to the .70 level 96.672 and rebalance the volume imbalance from Feb 2022 for the next coming weeks target ideas
*4 hour chart shows price in a consolidation Thursday and Friday-expansion expected Monday
June 27 DELIVERY
*Price opens in Asia in a expansion cycle to take minor buy side and create a wall of equal highs
*21:00 retraces creates equal lows
*0:00 price takes minor equal highs
*2 London macro price rallies for my suspected equal lows target
*3 macro small retrace of delivery
*7 macro price fake swing to equal lows -creates a wall of equal lows
*9 macro price rallies for equal highs
*13:00 price expands to take session buy stops
*closes retracing to the 50 level
JUNE 30 IDEAS
*I suspect for Sunday's delivery to take minor equal lows possibly the equal lows for a deep discount set up for a buy day- Monday
*last liquidity Friday buy side
*Price is in a deep discount over sold is my thought with the sell off we saw Monday through to Wednesday we could see Price retrace to the 50 level 98.204 for this weeks pull back?
*NFP week ahead parent bias is KING and we are still bear on this pair
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.