MMSM formation in higher timeframes. I'm expecting a reversal of the DXY after testing Monthly FVG. Macro distribution to the downside, with 2008 lows as objective.
BTC is about to test monthly RB + FVG. Very good opportunity to build position below 13,800. This would be buying below 80% discount . In my opinion, BTC could have a strong reaction at this price level, but i'm not very optimistic for next year. I'll start accumulating again below this level and buying more while it drops.
Price is retracing to an important point of interest for longs in higher timeframes. I'm looking for buys in lower timeframes once it confirms the move to the upside. With or without confirmation, my directional bias is still to the upside for the near future, for the next 12 to 18 months. Price is 100% manipulated, news just accelerate the outcome. Let's see...