5 Tweets 4 reads Mar 23, 2024
$DXY Weekly Outlook:
A thread ๐Ÿงต
Weekly:
The bearish Weekly (FVG) failed to hold the price.
As we know, price only does two things: it either offers fair value or seeks liquidity.
Ideal draw for price is buy side liquidity.
Expecting an Open-Low-High-Close (OLHC) weekly profile
Daily:
A clear Market Maker Buy Model is in play.
Expecting range on Monday and LoTW on Tue/Wed.
Avoiding sells until we see a lower Daily (FVG)
Economic Calendar:
Avoid trading on Monday, as there are no significant news events to move the markets.
The rest of the week looks promising; the market will surely be focused on Powell's speech on Friday.
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