#DXY#CRYPTO - The Roadmap
No reversal pattern on the Weekly DXY as the last candle will probably close cleanly bearish. So I expect DXY to continue lower into the Weekly FVG for a Liquidity Grab.
Remember the inverse correlation between DXY and Risk assets!!!
#ETH#CRYPTO - Setup Update
First target (Eq Highs / BSL ~1,935) swept clean off the H4 FVG reaction.
I have secured Partial profits. Now holding to see if price seeks the major buy-side liquidity pool above at ~1,980.
Let the system play out.
Analyzing #BTC? Watch USDT Dominance (USDT.D).
The inverse relationship is playing out on the HTF. On W/D, USDT.D tapped FVG/OB support and is bouncing.
If USDT.D sweeps that liquidity then
Bitcoin breaks lower.
Bias? 👇 #CryptoTA
Testing the thesis.
Weekly FVG rejection, 200 MA tag, and OB Daily.
Now, all eyes on that potential Daily Market Structure Shift and FVG inversion.
Where do you see #Bitcoin heading next? 👇 #CryptoTrading#TA#BTCUSD
Dollar Index ($DXY) Weekly Analysis
Dollar looks pretty bearish to me. Tapped the Weekly FVG and rejected.
When the Dollar is weak, risk-on assets are strong and vice versa. Watching the gravity pull toward those Equal Lows.
#DXY#Trading#Macro#BTC#PriceAction
BTC/USDT Trade
Caught the $BTC reversal after the London/Asia liquidity purge. Tapped into the Daily OB and rode the expansion to 2R.
Discipline > Emotions. Simple systems scale.
#Crypto#Trading#Bitcoin#PriceAction#PonticEdge
BTC H4 Update
Price mitigated the last swing high but on the weekly it will probably fail to sustain the close.
I will hunt a short entry on the retest of the fresh Inversion FVG after a LTF confirmation. My target is the H4 FVG (IRL) below.
Risk Management is non-negotiable.
As forecasted last week, the move above the swing high failed to hold. We are seeing a confirmed Liquidity Sweep (SFP) on the HTF.
My Bias reamains Bearish and I Expect a reversal to retest the Weekly FVG at $70,588. I will monitor a LTF structure for a short entry.
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