TheHOODofCRYPTO

DXY DROP?? = Massive RUN UP on xxxUSD! READ.

CAPITALCOM:DXY   US Dollar Index
DXY recently had its massive rally to the UPSIDE which imo is a CORRECTIVE MOVE. We are expecting DXY to make its first LEG down this week or have its FULL DROP next week.


How does this information about US DOLLAR help?

IF USD goes DOWN, xxxUSD rallies UP. It is important you understand the US DOLLAR before engaging in any xxxUISD pair.


How do we FRAME the trade setup?
IF DXY pulls back up to the yellow zone first, we will be looking to BUY LONGS on xxxUSD pairs.

BUT IF,

DXY drops from our current price down to the PMH (If you have my indictors you should already see the PMH level on your chart.) we will be looking to SELL xxxUSD last LEG instead and that would mean, DXY has met up with the required volume needed to make a new HIGH.

That will be our PLAY.

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