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djobs
Oct 8, 2023 5:52 PM

$DXY escaped the downtrend criteria by coincidence 

U.S. Dollar Currency IndexTVC

Description

What are the relation between wars on West Africa and the DXY....

#DXY was on a downtrend since mid October last year, it was about to become a primary down trend which has the following criteria:-
- The trend for a whole year is giving lower highs and lower lows.
- The trend has a correction that is at least 20% of the move

Just before 63 days from the 1 year (2 months), conflicts on West Africa started to rise starting with but not limited to:-

- 16 incident in 15 countries in West africa alone to save the DXY from entering a primary down trend.

IMO and as per the fiat standard....
The books are being cooked....
It won’t last for too long....

People will soon wake up and dump the USD for Gold....
and if they're smart enough for Bitcoin....

Comment

coincidently it's minus 66* days not 63

Comment

Should've add Palestine 🇵🇸
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