The Dollar Index has hastily reached my objective on the Weekly/Monthly timeframe. The question now is will we still move higher. I think we will. Of course, we can make predictions and assumptions, but we wait for price action to tip its hand to us.
I have 3 levels where I am looking for a continuation to the upside next week onwards.
1. There is a New Month Opening Gap coupled with the support of the previous week's high and an old swing high. I am most keen to see how price reacts within this area.
2. Below, there is a Weekly Bisi, albeit a narrow gap. If price gets there, it may be a quick rejection.
3. Even lower, there is the Weekly Wick CE of a previous month. This would be the last area I would look for a long that would break the previous high.
I have 3 levels where I am looking for a continuation to the upside next week onwards.
1. There is a New Month Opening Gap coupled with the support of the previous week's high and an old swing high. I am most keen to see how price reacts within this area.
2. Below, there is a Weekly Bisi, albeit a narrow gap. If price gets there, it may be a quick rejection.
3. Even lower, there is the Weekly Wick CE of a previous month. This would be the last area I would look for a long that would break the previous high.
ملاحظة
Nice Weekly Bisi left at the first first POI for a continuation. Let's see what happens when market resumes, and if the war in Israel will cause a gap.
منشورات ذات صلة
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
منشورات ذات صلة
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.