Trader_PKR

DXY price analysis 17th Feb 2024

Trader_PKR Updated   
TVC:DXY   U.S. Dollar Index
Weekly Analysis: We are not able to have any weekly closer above the W-FVG-CE level-104.531 from the upside, another we didn't have any closer bellow the Bulish-W-FVG.

So we could anticipate that we are in a confused state here.

Weekly Bias: Consolidation.

Daily analysis: We have got continuous rejection from the Bearish D-FVG, after taking 13 Feb Candle high & forming H1 bearish reversal. So we could anticipate that we are goring towards the intermediate term D-BSL 103.895.

Daily Bias: Bearish


Trade closed: target reached:
As the target reached, so we will wait for the H1 reversal to form or wait for the confirmation to go down.

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