HTF IOF: Bearish
PA respected the Weekly FVG L, Daily had a BPR with in the Weekly FVG so no fill.
Monday, Pa Consolidated throughout the day, took out high's in the London session.
BPR again with a Break away gap on the hourly.
Entry on the Hourly BROB.
Aiming for the weekly expansion down below PWL/ PML
Only speculative phases of markets (Bull Runs where everyone makes money), will show a inverse corelation between DXY and BTC playout . Meaning we would see a decreasing DXY and a roaring BTC. This would only be true at critical points of support and resistance, as shown by the red circled areas on the DXY chart. Other than these highly speculative times, it would...
Corelation of DXY and BTC.
Speculative rallies in BTC, after a decline in DXY. lead to a market cool off period for BTC, where the next rally in DXY usually proves to true to the inverse corelation between DXY and BTC
