Presenting an in-depth analysis of the HTF DXY as we transition into Q3/4 (Sept - Dec).
• Identify higher time frame ICT market maker buy model. Mark out sell-side & buy-side of the curve.
• Price traded to the monthly FVG and respected it, indicating the smart money reversal for MMBM. SMR @ HTF Array
• Identify Premium/Discount arrays within the larger price swing.
• The period from January to June marked the accumulation phase of the 2023 yearly candle. Yearly accumulation manipulation distribution candle (ICT Power of 3).
• September, October, and November exhibit a strong bullish seasonal bias.
• ERL liquidity taken, 1W FVG is now the new DOL.
• Swing grade larger price swing & identify 0, 0.25, 0.50, 0.75 & 1 for added confluence.
• External Range Liquidity/Buy-Side Liquidity at 106.00 & 104.700
• Ideally, 1W Re-Delivered, Re-Balanced region would be a good entry point (on DXY correlated pairs) before or after taking ERL at 104.700
• HTF Market Cycle = Retracement
• BULLISH DXY = BEARISH FOREIGN CURRENCIES
•••TIME & PRICE•••
• Identify higher time frame ICT market maker buy model. Mark out sell-side & buy-side of the curve.
• Price traded to the monthly FVG and respected it, indicating the smart money reversal for MMBM. SMR @ HTF Array
• Identify Premium/Discount arrays within the larger price swing.
• The period from January to June marked the accumulation phase of the 2023 yearly candle. Yearly accumulation manipulation distribution candle (ICT Power of 3).
• September, October, and November exhibit a strong bullish seasonal bias.
• ERL liquidity taken, 1W FVG is now the new DOL.
• Swing grade larger price swing & identify 0, 0.25, 0.50, 0.75 & 1 for added confluence.
• External Range Liquidity/Buy-Side Liquidity at 106.00 & 104.700
• Ideally, 1W Re-Delivered, Re-Balanced region would be a good entry point (on DXY correlated pairs) before or after taking ERL at 104.700
• HTF Market Cycle = Retracement
• BULLISH DXY = BEARISH FOREIGN CURRENCIES
•••TIME & PRICE•••
