15-19 December Weekly Analysis
- DXY Monthly
On the monthly side, as you see the price has touched to the imbalance on 01 Sep '22 and started to fall down and have found a support area on the monthly fair value gap. Nearly filled %99 of gap and started bullish move. I think that if the price moves like the yellow brush and firstly touch to bearish FVG above the price, we will see bearish moves on DXY at least to 100.617 liquidity area. If we see the price moves like the pink brush, than we will think that the price still bullish and will fill al the bearish fair value gap.
2.DXY WeeklyIn the weekly chart, we have a great working range that have taken the buy side liquidity and strugled in weekly indecision candle (IC). After lost 107.259, started fall down to our range zero point and our indicator support area also our monthly fvg. Now, if the price moves like the pink brush, that moves would support our monthly analysis and would took 100.617 liquidity. I think that price will move like the pink one. But if we see that price is moving like the yellow brush, we can accept that price is still bullish and the other pairs against USD will continue to fall.
3.GBP/USD WeeklyAccording to price action on the monthly side, the price moves by making new higher highs and higher lows. It may continue to move like the yellow brush. According to our indicators, price on the resistance area and must fall at least to our support indicators. If the price fall from here it might get a reaction from the monthly fresh fvg (pink brush).
4.GBP/USD Daily The daily chart is very clear for me. As you see the price took many buy side liquidity ON OUR SSL HYBRID INDICATOR and there are a lot of fresh liquidity on lows so next week probably we will see that price will move similar like pink brush. When price come to my monthly fvg area, i will look for a bullish confidence before i took any position.
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