U.S. Dollar IndexShort
Short DXY - RSI and weekly resistance
DXY had its yearly mid-November pump. It’s wicked into key resistance on macro timeframe. daily candle is printing reversal. RSI is overbought. Bitcoin is printing reversal upwards.
The natural inverse correlation could allow crypto to rise. I am short on the dollar and long on assets such as gold and bitcoin.
The natural inverse correlation could allow crypto to rise. I am short on the dollar and long on assets such as gold and bitcoin.
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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.