Sphinx_Trading

DXY: WAIT for a liquidity sweep at 104 before LONG

TVC:DXY   U.S. Dollar Index
- Price reached the gab created at 104.700 levels last week and closed with a bearish pressure.
- If we highlighted buying and selling liquidity we can observe a range between 104/105,
so if we are bullish on USD this week we should first see a liquidity sweeps for the last week lows at 104 also price created an imbalance/FVG at 103.800 levels so this might be the perfect area to look for longs.

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.