TraderBH345 LEAKED DOLLAR INFORMATION!!!!! U.S. Dollar Currency Index (TVC:DXY) 99.22 0.01 0.01% TraderBH345 just now 14 min 37 sec left to edit idea Beyond Technical Analysis dollar DXY CFD (US Dollar Index) futures profit smartmoney monthly charts beastmode
just now For all you bulls on the Dollar, you may want to reconsider.
We have reason to believe that the dollar may want to head lower. Eye witness reports say that the DXY moved higher after a 2 week long consolidation.
Detectives report this to be a false indication as to where price wants to go and have, with reasonable doubt, indication that the move is indeed a red herring. Designed to attract bulls on the classic breakout trade.
An accurate account of what has happened so far can be read below, accompanied by evidence acquired on 27/09/2019 (ref: chart screen shot 1)
On the Higher Time Frame charts, price traded through the Dec15 high in Nov 16. Posting a new high in January of 2017. This is a significant high form as it is the typical known Breaker formation (those who know, know) neutralising all forms of liquidity above the high made in Dec15.
As the year progressed, we had a strong move lower Breaking Market Structure (BMS) in the form of taking out the low of 2016. Jan 18 then saw us take out the low again, neutralising all forms of liquidity in the form of the classic Breaker. Thus, price has shown a willingness on the HTF to trade lower and therefore, on the macro Monthly chart we should be looking for short opportunities.
Now, being the monthly chart, things take time to develop and so, at the time of the BMS, we could have anticipated a long duration wait time for short opportunities. Well, now the time has come and we are relying on all the information we have gathered in the past year to help us bring this criminal of false breakouts and misleading trails to an end.
Latest intel on the DXY shows it around the 99.23 price region. Neatly traded into a FLOW BLOCK creating large opportunity for a move lower.
This report is intended for professional use only and should under no circumstances be leaked to the public. Marked as Top Secret Market Maker property.
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