DXY Flashing a clean butterfly, With a 4 hour inside bar off the 1.272 trigger. This breaks down below 1.414 stocks can rally. However if it breaks up expect lower on indices. (DXY has a inverse correlation to indices) We know the butterfly patterns tend to put in bottoms and start rallies. See targets highlighted @ 382 & 618 and lastly top of pattern. Note
TP 1 & @ Clean bounce not done imo, Look at NQ & ES, inverse in effect
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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.