Daily Technical Analysis - DXY
Daily
Last candle almost tag 0.5 of daily FVG, but it did traded to 0.5 of weekly FVG. However, it didn't close below the daily FVG. I would still look for P to trade lower, but not a strong daily bias. If P forms a swing H and closes below Last swing H, it will confirm P to trade lower to weekly candle wick. Wed, Thur & Fri - daily bias probability is low.
H1
P might stab higher to H1 candle wick, buyside or H1 FVG above 0.5 before trading lower.
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Daily
Last candle almost tag 0.5 of daily FVG, but it did traded to 0.5 of weekly FVG. However, it didn't close below the daily FVG. I would still look for P to trade lower, but not a strong daily bias. If P forms a swing H and closes below Last swing H, it will confirm P to trade lower to weekly candle wick. Wed, Thur & Fri - daily bias probability is low.
H1
P might stab higher to H1 candle wick, buyside or H1 FVG above 0.5 before trading lower.
#DXY #technicalanalyst #technical_analysis #TradingMadeEasy #tradingtechnique