DXY 103.176 - 0.06% SHORT IDEA HTF BIAS 🐻🐻🐻

HELLO TRADERS
Hope everyone is doing great 🛑 New week new opportunities
A look at the DXY ahead of the new week 👌MULTI-TIMEFRAME ANALYSIS

DXY DAILY

* We see the 78.6 % FIB level holding in the past week.
* Looking for signs of some bearish momentum for continuation with the bears.
* The DXY is currently trading in PREMIUM.
* Any signs of bearish momentum would Signal Bearish moves for the week that is.
* Bullish momentum changes the Bias for the week & possibly signals reversals



DXY 4H CHART

* We see rejections at the VI holding.
* DXY failed to take the high on Friday, signaling possible weakening of the bulls.
* Looking at the small FVG above to hold and reject.
* This would be one of the confirmations for some Bearish moves.



DXY 1H TIMEFRAME

* On the 1H we see that the 4H FVG does not align with premium.
* But we find a -OB just above this zone on the 1H
* Looking for rejections at this levels.
* For a bearish week.



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lets see how it goes.

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LOVELY TRADING WEEK TO YOU!