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DiscosCryptos
Nov 28, 2022 8:41 AM

dxy has bullish divergence on the 12 hr time frame  Short

U.S. Dollar Currency IndexTVC

Description

dxy has bullish divergence on the 12 hr time frame
This means that there is a good chance that it goes up, making stock markets and risk assets suffer
future arrows are just an example
Comments
hakan1122
any reason why you marked your analysis as a short but you are saying there is bullish divergence there?
DiscosCryptos
@hakan1122, when the dxy goes up markets dump, as money is flowing into the market. IE Short on the market... but yes I see your point, not sure what the right way to put it is
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