bull dollar losing steam
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dxy has had a full head of steam, and thats meant bear action for equities as well as crypto, but you can see thats lost the velocity required to maintain its distributive wave. if you look at uup shorts you can quite see the maxing out of the markets ability to price in new liquidity as in contract the dollar supply and increase equity or currency pair demand especially electronic networks like bitcoin that are tethered to dxy. i think this will lead to bear dollar soon.
Nota
heres the concerning range im looking at current 1 minute bullish or bearish dxy
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