Relaxed - it all makes sense

Nothing new or un-expected.

See the weekly move, called back in May - it needed the pullback

This was shared by @Paul_Varcoe around how the DXY effects other instruments; Great educational piece

Step down into the Daily

We are now up and over bought - So, we are expecting a little base to be built.

It was also intrinsic to both out Gold and BTC calls;


Overall Bearish sentiment. Now looking for triggers to confirm the completion of the pullback.


Disclaimer
This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stocks, ETF’s, and Forex. Hence each trade setup might have different hold times, entry or exit conditions, and will vary from the post/idea shared here. You can use the information from this post to make your own trading plan for the instrument discussed. Trading carries a risk; a high percentage of retail traders lose money. Please keep this in mind when entering any trade. Stay safe.