DXY at crucial point

١٥ يناير ٢٠٢٣

Hello Birdies,

• DXY was in range since 2014 and in doing so create a bullish rectangle pattern.
  
• Which had a breakout in April 2022 now we are about to have a retest of the pattern.
  
• If this is a success and we get a bounce from here it means bearish for indices and crypto.
  

Now if we see it from smart money concept we see that.

• There is a monthly and weekly block above untested
  
• And DXY also created an Inducement which is a term used by ICT to mention that there is a FVG above which will be taken
  
• Means price will revet back to take liquidity so this gives strength to retest
  

١٧ يناير ٢٠٢٣

ملاحظة

So we had a bounce from the area as mentioned in the idea

١٥ فبراير ٢٠٢٣

ملاحظة

The perfect bounce

٢٦ مايو ٢٠٢٣

ملاحظة

OMG this is holding and month is closing with an elephant candles

١٧ فبراير ٢٠٢٤

ملاحظة

The idea doing its magic... Double bottom in