DXY WATCH PARTY: TIME TO PAY ATTENTION!

15 avr. 2021

DXY UPDATE // Looks like its at support. All risk markets over extended SPX500 hit my target pretty much (see below), DXY correction overextended, Euro overextended, Gold is up by 16% and BTC 28% in that same time. BTC hits major resistance at 64K and I dont see it being broken without a correction; also check the wave count on my latest BTC chart below. I see a short term reversal for the DXY and smart money is slowly exiting the risk markets into gold and fiat. So when do we know crypto and stock get a correction? When the DXY prints that double bottom (W). Its right at the 0.5 FIB support level. Also look at that confluence with my correction target for BTC; 8% on the last correction from ATH and now with the neckline of inverse hs as a target; (59,5K) also exactly 8%. Too much confluence and too much hyper euphoria; this cant keep going on forever, sorry to kill the bull vibe... I'm alway a bit early and I have slight regret I didnt ride waves today but better that than riding this wave down because esp. in alts it will be fierce. Dropping this here on a low time frame to keep an eye out... Newly arrived retail has no clue.

SHORT / MID TERM:
- DXY: LONG
- GOLD: LONG
- Risk assets: SHORT

IMPORTANT: this is not financial advice, trade or invest based on your own risk and research.

15 avr. 2021

Note

DXY UPDATE: on the moment I post; you see a vector green candle. Profit taking? I wouldnt be suprised to see massive profit taking tomorrow; end of the week. Alt coins might go on a last pump giving market maker the highest possible shorts. Follow the market maker; trade the reversal; as much money to be made on the way down.

15 avr. 2021

Note

IMPORTANT UPDATE: for you smart asses in here, what will not happen to us? Getting rekt on a dump! We got this! S&P 500 HIGHEST TARGET: 4200 // current: 4161 // CRASH in 3...2...1...