2021-12-16 16:38:53
US Dollar. 1D.
What we have seen so far has been a disaster in price action on the Dollar Index.
Offsetting both buyers and sellers within the monthly breaker. Obviously a Consolidation on a high timeframe PD ARRAY, a monthly breaker.
This is where you learn to sit still. I told my folks there was no clear directional bias on the Dollar till we see "a displacement." It took quite some time, about 13-14 days.. But now we have a displacement, and we can figure where next price is heading for.
Sitting on the sidelines isn't weakness as many would deem it so. It's part of trading in itself. Knowing when to pull the trigger, and when not to. This is "no wisdom" for the newbie/excited trader that wants to place a buy or sell at every opportunity. It's high level intelligence for the trained and experienced trader.
Easy on yourself. Relax.
The opportunities abounds, if you know what you're doing.
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