TONIMONII
315 posts

TONIMONII
@TNFOREX1
FOREX TRADER || INVESTOR || ANALYST









#DXY Weekly Outlook Long-term perspective: I'm bullish on the dollar index on the higher timeframes, with a current setup around a weekly order block (OB) and an intermediate high nearby that I expect to be protected. However, due to the CPI impact, I anticipate a price decline following an initial push-up during the news release. CPI Reaction: My view is that CPI will trigger an upward manipulation, but it will be short-lived, leading to a stronger downward move afterward. Yearly Analysis: DXY set its high of the year (HOTY) back in April, showing bearish tendencies as it seeks the yearly bearish imbalance sell-side inefficiency (BISI) below levels from 2021, 2022, and 2023. For the rest of November and December, I expect continued bearish movement, likely closing the yearly candle in this direction. IPDA Daily Ranges: The IPDA quarterly fractals and high-impact liquidity points suggest price is moving towards taking out the IPDA low. *Disclaimer*: This is my technical analysis and personal view. Always trust your own analysis if you see things differently. Click link to join my telegram channel for trade updates from entry!






















