peytonfin2

DXY move up = BTC move down

INDEX:BTCUSD   Bitcoin
I'm expecting another rise on the DXY soon.

I've overlaid the fractal from the last DXY move up and the Fractal from BTCs move down during that time.

-I'm expecting higher on DXY once it taps into the TR/Monthly area.
-I'd like to see a rise up to fill the Daily FVG and tap into the HTF CC

-This would complete and ABC correction for the wave C of a HTF gartley.

-This idea works nicely with BTC being in a 5 wave impulsive move up.
-BTC would currently be working on the Wave 1 within a bigger wave 3.
-A rise on DXY and Pullback on BTC would result in the printing of wave 2 within the bigger wave 3.
-Then BTC would get a very strong Wave 3 as DXY drops.
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