Hello Traders,
The dollar has been bullish for weeks now, going after multiple buy-side liquidity. Currently, it is close to a monthly buy-side liquidity (previous high). If this level should hold, we should see price go after the weekly sell-side liquidity (previous weekly low) which you would see on the weekly chart.
If you look left, you will notice how price aligns well with the narrative.
This is just a speculation and no fact but I would be using this view to trade all the dollar pair.
I will make more analysis on the dollar pairs I would be looking to trade.
Follow for more updates like this.
Cheers,
Jabari
The dollar has been bullish for weeks now, going after multiple buy-side liquidity. Currently, it is close to a monthly buy-side liquidity (previous high). If this level should hold, we should see price go after the weekly sell-side liquidity (previous weekly low) which you would see on the weekly chart.
If you look left, you will notice how price aligns well with the narrative.
This is just a speculation and no fact but I would be using this view to trade all the dollar pair.
I will make more analysis on the dollar pairs I would be looking to trade.
Follow for more updates like this.
Cheers,
Jabari
