BTC and DXY Opposite correlation.
Both are testing extremely strong zones and showing short term reversals are coming, no i do not think this is the bottom by any stretch of the imagination but i am still expecting to see this move from BTC and DXY, be prepared for some big moves in the markets this coming week. You dont want to be shorting from demand and longing from supply. Wait for LTF entry confirmations from the identified zones.
Both are testing extremely strong zones and showing short term reversals are coming, no i do not think this is the bottom by any stretch of the imagination but i am still expecting to see this move from BTC and DXY, be prepared for some big moves in the markets this coming week. You dont want to be shorting from demand and longing from supply. Wait for LTF entry confirmations from the identified zones.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.