๐๐ซ๐ฌ ๐๐. ๐ฒ๐ฆ๐ญ! | ๐จ๐ฆ๐/๐๐๐U.S. Dollar Currency IndexTVC:DXYShaboS๐๐ซ๐ฌ ๐๐. ๐ฒ๐ฆ๐ญ! | ๐จ๐ฆ๐/๐๐๐ After yesterdayโs sell-off, the ๐๐ซ๐ฌ is showing a bearish pattern. Below the current price, we have ๐ฒ๐พ๐๐ฎ๐น ๐น๐ผ๐๐, which could act as a potential draw on liquidity. At the same time, the ๐ฒ๐ฆ๐ญ! ๐๐๐ ๐๐๐๐๐ฟ๐ฒ reacted bullishly yesterday, which explains the strong sell-off we saw in ๐จ๐ฆ๐/๐๐๐. But the interesting part is this: The ๐๐๐ ๐๐๐๐๐ฟ๐ฒ still has a ๐ฏ๐ฒ๐ฎ๐ฟ๐ถ๐๐ต ๐ฐ๐ต๐ฎ๐ฟ๐ ๐๐๐ฟ๐๐ฐ๐๐๐ฟ๐ฒ as long as the ๐๐ฐ ๐๐ฉ๐ holds. Below this area, a new ๐๐ญ ๐๐ฉ๐ has formed. So at the moment, we have two apparently ๐ฏ๐ฒ๐ฎ๐ฟ๐ถ๐๐ต ๐บ๐ฎ๐ฟ๐ธ๐ฒ๐๐: ๐๐ซ๐ฌ โ ๐ฏ๐ฒ๐ฎ๐ฟ๐ถ๐๐ต ๐ฒ๐ฆ๐ญ! โ ๐ฏ๐ฒ๐ฎ๐ฟ๐ถ๐๐ต ๐ฐ๐ต๐ฎ๐ฟ๐ ๐๐๐ฟ๐๐ฐ๐๐๐ฟ๐ฒ But what does this actually tell us? This is where it makes sense to look directly at the ๐จ๐ฆ๐/๐๐๐ ๐๐๐. The CFD has reacted from a ๐๐ญ ๐๐๐ฉ๐ and is currently showing a ๐น๐ถ๐ด๐ต๐๐น๐ ๐ฏ๐๐น๐น๐ถ๐๐ต ๐๐๐ฟ๐๐ฐ๐๐๐ฟ๐ฒ. This means there is currently no clear directional confirmation from DXY and CHF Futures alone. It is entirely possible that we see a ๐๐ฒ๐น๐น-๐ผ๐ณ๐ณ in both the ๐๐ซ๐ฌ ๐ฎ๐ป๐ฑ ๐๐๐ ๐๐๐๐๐ฟ๐ฒ, which would leave us with no clear edge from the two correlated instruments. Therefore, the key market to watch is the actual ๐จ๐ฆ๐/๐๐๐ ๐ฝ๐ฎ๐ถ๐ฟ. ๐ฃ๐ข๐ง๐๐ก๐ง๐๐๐ ๐ฆ๐๐๐ก๐๐ฅ๐๐ข: If ๐จ๐ฆ๐/๐๐๐ reacts ๐ฏ๐๐น๐น๐ถ๐๐ต๐น๐ during the ๐๐ผ๐ป๐ฑ๐ผ๐ป ๐ฆ๐ฒ๐๐๐ถ๐ผ๐ป and confirms the bullish structure, a ๐น๐ผ๐ป๐ด ๐ถ๐ป ๐จ๐ฆ๐/๐๐๐ could become the more interesting opportunity. ๐ก๐ผ ๐ฐ๐น๐ฒ๐ฎ๐ฟ ๐ฐ๐ผ๐ป๐ณ๐น๐๐ฒ๐ป๐ฐ๐ฒ? ๐ก๐ผ ๐๐ฟ๐ฎ๐ฑ๐ฒ. The chart of the actual pair will decide. #USDCHF #DXY #6S1 #CHF #USD #Forex #Trading #ICT #Liquidity #FVG #IFVG #PriceAction #MarketStructure ๐๐ถ๐๐ฐ๐น๐ฎ๐ถ๐บ๐ฒ๐ฟ: This analysis represents my personal market view and is not financial advice. Trading financial markets involves significant risk and can result in substantial losses.