Hello everyone , as we all know the market action discounts everything :)
The USD/GBP looking bullish with a completion of a cup and handle with conformation of the pattern when the price breached the resistance level at 0.72533 , The USD showing great momentum against the GBP , the price is moving up after a piercing candlestick pattern happened last week.
This is a USD index I created. I use these to help gage currency strength when looking for a pair to trade. I have more of a neutral bias for the dollar right now. Waiting to see how price action plays out.
"Don’t blindly follow someone, follow the market and try to hear what it is telling you." - Jaymin Shah
so $ looks like its got lots of room to down side over the next 3 or 7 years which should be good for crypto more thoughts to my crypto super cycle I like the look of my choices are
Time will tell where are you putting your money ?
Trying hard to find a place to enter the market today. Just not seeing dollar signs anywhere.
I don't know where my inner trader has gone today, but I am definitely missing it. Hoping tomorrow I can see some dollar signs, and not just the downside.