Dollar index has been ranging at the highs, failing to break below 97.8 and not enough momentum to break 99.5. There are liquidity pools above buyside and below sellside liquidity that price will seek, as always price will go where orders are residing.
I am thinking price is setting a stage for Q2 either bullish or bearish profile.
I am anticipating April to provide lots of volatility, price usually presents volatility at the beginning of a quarter.
Trade Criteria
I am still anticipating price to trade high and reach above 100.0 level. However i will be looking to react at what price will present.
I am thinking price is setting a stage for Q2 either bullish or bearish profile.
I am anticipating April to provide lots of volatility, price usually presents volatility at the beginning of a quarter.
Trade Criteria
I am still anticipating price to trade high and reach above 100.0 level. However i will be looking to react at what price will present.
Comment:
Confirmation is when price trades above 98.1 level. It will market a shift in market structure.