Trader_PKR

DXY analysis 23 Mar 2024

Trader_PKR Updated   
TVC:DXY   U.S. Dollar Index
Monthly: The price has been showing strong resistance in M-BPR. So we could anticipate that the price has been started to fall down, If We get any Daily Bearish-MSS, After that we could go down.
Monthly Bias: Consolidation

Weekly: The price has been touched the W-FVG- There is a W-BSL resting in 105.00 level. So we could anticipate the price will take the W-BSL then start to move down. If we get any H4 Bearish MSS/CISD then our Bias towards the Down Side will confirm.

Weekly Bias: Consolidation


Daily: The price has been taken the D-BSL & Touched the D-FVG- So we could anticipate that in the up coming week we will be going down towards the D-SSL. If we get any H1 MSS then we can confirm that we are going down.

Daily BIas: Upward.

Comment:
As we didn't reached the W-BSL, So this week the price will take the W-BSL. After taking the Liq if price give a h4 Weekly Revarsal confirmation then we will go down the ERL.

Comment:

After taking the W-ERL there are H1, Confirmation of revarsal. So this week we are going down, towards the W-IRL.
Comment:
Daily, Target is towards the weekly FVG, on the Weekly-BPR.

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