RishiRudani

DXY | Bear Market?

Short
TVC:DXY   U.S. Dollar Index
:)

Monday - Buy-side liquidity was generated, by creating relative equal highs, the concept of engineering liquidity.

Tuesday - Price delivered to the volume imbalance, leading to shifts in market structures on a smaller time frame. Additionally, showed respect for the smaller time frame breaker.

Wednesday - Significant break of higher timeframe market structure. Following the release of the news driver, price capitalized on buy-side liquidity (REH's).

Thursday - Anticipating a continuation of price towards the daily range equilibrium, targeting a discounted 1hr FVG. Weekly Low created on Thursday.

Friday - TGIF!

and you admins, I hope this description proves to be adequately descriptive. Even after providing an extensive chart with a complete narrative, I've condensed the information into a relatively concise description as well to avoid potential takedown issues like last time. pls don't take this down <3

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