Technical Analysis - DXY
Monthly
Last candle tagged the FVG then traded & closed below it. Looking for P to trade lower to fill some of the monthly candle wick. P is digging into the monthly +OB & I don't want to see P close below 0.5 of the +OB if it wants to trade higher. One more thing, Aug is the worst month to trade.
Weekly
Last candle closed below 0.5 of weekly +OB. Looking for P to trade lower to the sellside & weekly FVG below.
Daily
Last candle P swept old L then closed above it. I was looking for P to trade higher. However, P opens & and dropped. I don't have bias for today.
H1
Looking for P to retrace to M15 FVG above
#DXY #technicalanalyst #TradingMadeEasy #tradingtechnique #DayTradingTips
Monthly
Last candle tagged the FVG then traded & closed below it. Looking for P to trade lower to fill some of the monthly candle wick. P is digging into the monthly +OB & I don't want to see P close below 0.5 of the +OB if it wants to trade higher. One more thing, Aug is the worst month to trade.
Weekly
Last candle closed below 0.5 of weekly +OB. Looking for P to trade lower to the sellside & weekly FVG below.
Daily
Last candle P swept old L then closed above it. I was looking for P to trade higher. However, P opens & and dropped. I don't have bias for today.
H1
Looking for P to retrace to M15 FVG above
#DXY #technicalanalyst #TradingMadeEasy #tradingtechnique #DayTradingTips