Why I'm staying away from the USD pairs (DXY).
While the daily has broken bullish and the month of July reacted with a bullish engulfing after re-testing the imbalance... the priceflow here is looking weak and there is too much uncertainty with the fundamentals.
2 Possibilities for the YEN but I am leaning bearish. The only way for me to flip bullish is if we reclaim the S/R at ~746. I will start to look for shorts on LTF once we have a daily or 4H close below ~737.
As described in my first of august market outlook video, I am still long GBPCAD and looking for a 5 to 1. Stops are now breakeven and this is a free trade !
@0xforeverblind@scnflx I feel sorry for you bro I know whats coming… Just remember not to give up. It took me forever but now I’m good. That 30K you have left… don’t touch it… trust me man
@0xforeverblind Hey bro I went thru the same shit. In 2014 I had 300 btc. In 2018 I had 141 and when I learned trading I lost half and sold half at the bottom. In 2021 I lost 700K in a day and then lost EVERYTHING I had the weeks after. I almost killed myself. Im here bro im here. I know thepain