Hey Folks,
Long time no see.. I've been busy with life in general so I didn't have a lot of time to post on here.
Here's my analysis for DXY as I've been looking a lot at EURUSD in combination with DXY lately and I must say, they work perfectly together!
DXY has been forming a nice larger structure with a 3 drive down into the 800 EMA and then reset up.
In between you can nicely see the H1 Resets (marked).
We expect price to move up some move over the course of the week (of course with some pullbacks) to then finally form a M structure and drop off.
This process could last until next Friday as there is NFP news coming out and Market Makers looooove to use the news to move the market...
Let's see :)) Happy trading to everyone!
Long time no see.. I've been busy with life in general so I didn't have a lot of time to post on here.
Here's my analysis for DXY as I've been looking a lot at EURUSD in combination with DXY lately and I must say, they work perfectly together!
DXY has been forming a nice larger structure with a 3 drive down into the 800 EMA and then reset up.
In between you can nicely see the H1 Resets (marked).
We expect price to move up some move over the course of the week (of course with some pullbacks) to then finally form a M structure and drop off.
This process could last until next Friday as there is NFP news coming out and Market Makers looooove to use the news to move the market...
Let's see :)) Happy trading to everyone!