Market Analysis. Dangstrat’s June 17-21 Weekly Outlook
$DXY | Weekly
Same bias from last week, still looking for price to draw towards the EQHs.
$DXY | Daily
After a MSB on the daily TF, the breaker turned into support so bullish bias remains the same.
$EU | Weekly
Weekly swing high has formed off the bearish POI so will be looking for further downside. HTF objectives remain the same, first target is 2024 yearly low, second target is 2023 yearly low.
$EU | Daily
Got a nice rejection off the bearish fvg within the breaker now looking at this bearish orderblock as a POI for shorts to target the current yearly lows.
$GU | Weekly
Rejected the range high after raiding PWH. Will be looking for price to push lower below the midrange for this week.
$GU | Daily
MSB on the daily chart after raiding PWH, now will wait for Monday’s candle for a potential bearish FVG to form. If it does will be looking for a deviation of Monday’s high into the bearish FVG for POI for shorts.
Final
Thank you for reading this article. From the CFT team we wish you a happy week and good trades. This article should not be taken as an investment recommendation but in an educational and formative way.
Written by Dangstrat
X: https://x.com/Dangstrat
