Just a simple long

21 Okt 2023

So I have analyzed the dxy and to have seen that it is making a correctional wave but this correctional wave can be seen on the weekly the daily on The daily time frame it has started but only on the weekly can we see that this is just a correctional wave and that it is going to keep going down before it makes it retracement and goes back up again. With that in mind I went and I checked out Bitcoin USD and I found out that Bitcoin USD is actually making higher highs which means it's currently in an uptrend yeah and with the way gold is moving as well you should be seeing that it is going to reach previous highs when I say previous highs if you I'm working with the weekly time frame yeah so a previous high on the weekly time frame for gold that's where gold is going to reach but this is just a simple long so with those two in mind the USD is dropping the buyers are kicking in for btusd and for gold buyers are kicking in selling the kicking in for the USD so the best thing to do yeah is to go long on bitcoin USD and to sell USD pairs such as usdjpy I'm expecting a long sorry I'm expecting a short from that The Big Short