The markets are heavily influenced by what the Dollar aka DXY is doing. When the DXY is soaring going UP US BASE pairs go down. When the DXY is going down US base pairs go up. Simple as 123.
When you study the DXY and begin to chart it and learn how it moves it will give you the best overall objective view on what the markets will do especially US BASE PAIRS.
In this DXY chart mark up on the weekly we can see the DXY is cleaning all liquidity and headed toward support around 103.400. This will cause the markets to go HIGHER next month.
The markets will experience one last rally NORTH then come crashing down beginning of 2024. Today's STOP HUNT was a big clue that the markets want to continue BULLISH. Fundamentally this also is in confluence
with inflation coming down. Thus the dollar will continue to drop. But once the DXY hits those support levels and begins to rebound the markets will begin to tank and we will be BEARISH throughout the 1st half
of 2024. I urge you to study the DXY and watch how the markets correspond to it.
Lastly as always: Never over leverage. Have patience. Trust your analysis and give the markets time to fall into the script. And have fun!
I AM PRO TRADING MADE SIMPLE.
Master Sensi of #SniperGang
EVERYBODY EAT$
When you study the DXY and begin to chart it and learn how it moves it will give you the best overall objective view on what the markets will do especially US BASE PAIRS.
In this DXY chart mark up on the weekly we can see the DXY is cleaning all liquidity and headed toward support around 103.400. This will cause the markets to go HIGHER next month.
The markets will experience one last rally NORTH then come crashing down beginning of 2024. Today's STOP HUNT was a big clue that the markets want to continue BULLISH. Fundamentally this also is in confluence
with inflation coming down. Thus the dollar will continue to drop. But once the DXY hits those support levels and begins to rebound the markets will begin to tank and we will be BEARISH throughout the 1st half
of 2024. I urge you to study the DXY and watch how the markets correspond to it.
Lastly as always: Never over leverage. Have patience. Trust your analysis and give the markets time to fall into the script. And have fun!
I AM PRO TRADING MADE SIMPLE.
Master Sensi of #SniperGang
EVERYBODY EAT$