(Refer to my Weekly analysis for US30 and DXY)
On lower timeframes I have 3 areas I want to anticipate a long to go to the short POI. Ideally, we don't see a daily close out of that thin yellow box (Daily Bisi).
There are 3 lines of defense for price to reach to and find support.
1st line of defense is a Breaker with CE of a wick and a gap, which looks very nice. This is my first choice.
2nd line of defense is the 4h bisi (dark blue is a bottom prediction if it gets there)
3rd and last line of defense is the 4h Orderblock MT.
The more price declines, I believe the faster the move up would be back above the yellow zone.
Relative equal highs reside above, so that gives me some confidence that we are likely moving higher.
The short POI is a 4h Sibi inside the weekly Sibi has my eye. A high RR trade could be possible.
On lower timeframes I have 3 areas I want to anticipate a long to go to the short POI. Ideally, we don't see a daily close out of that thin yellow box (Daily Bisi).
There are 3 lines of defense for price to reach to and find support.
1st line of defense is a Breaker with CE of a wick and a gap, which looks very nice. This is my first choice.
2nd line of defense is the 4h bisi (dark blue is a bottom prediction if it gets there)
3rd and last line of defense is the 4h Orderblock MT.
The more price declines, I believe the faster the move up would be back above the yellow zone.
Relative equal highs reside above, so that gives me some confidence that we are likely moving higher.
The short POI is a 4h Sibi inside the weekly Sibi has my eye. A high RR trade could be possible.
R2F
