DXY Bearish Continuation: IFVG Retest & Sellside Liquidity Targe

Wait 5 sec.

DXY Bearish Continuation: IFVG Retest & Sellside Liquidity TargeU.S. Dollar Currency IndexTVC:DXYPrana-TraderMarket Context & Bias The US Dollar Index (DXY) on the daily timeframe shows clear bearish structure after sweeping liquidity at the highs and triggering a Market Structure Shift (MSS) to the downside. Key Technical Observations: Liquidity Sweep: Price swept buy-side liquidity above the recent high before aggressively expanding lower. MSS & Imbalance: The downward movement established a strong Market Structure Shift (MSS), leaving behind a Sell-side Imbalance / Buy-side Inefficiency (SIBI) and an Inverted Fair Value Gap (IFVG). Premium Retest: Price recently retraced upward into the IFVG zone (~100.00 – 100.10), offering a high-probability short entry aligned with ICT institutional concepts. NDOG Array: The purple Fibonacci/NDOG levels align perfectly as dynamic resistance during this correction. Trade Plan: Direction: Short (Sell) Entry Zone: ~99.07 – 100.00 (IFVG / OTE Area) Stop Loss: Above the IFVG high (~100.10) Take Profit 1: Daily Sellside Liquidity / Equal Lows (~97.62) Take Profit 2 (Final Target): Standard Deviation Extension -0.5 level (~96.77) Risk Disclaimer: Trading forex/indices carries risk. Use strict risk management and position sizing. Adjust stops to break-even once TP1 is hit.