Road_2_Funded

R2F Weekly Analysis - 5th May 2024 (ICT Concepts)

TVC:DXY   U.S. Dollar Index
Hi everyone,

Here we are at another Sunday. Time for some analysis.

Everything I had to say is covered in the video, but for a TLDR;

I am still bullish on the Dollar. Although, I'm not convinced we have reached an intermediate bottom yet. I'm still waiting for more confirmation in order to have the highest probability of being on-side. Comparing with other forex assets, I also have the same sentiment. Lower prices for XXXUSD and higher prices for USDXXX, but still waiting for more confirmation for a larger swing trade. For now, scalps at most.

Have a good trading week you guys. Stay safe out there.

- R2F


R2F
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.