I don't think the dollar is collapsing any time soon. This chart is sustainable if not bullish.
The dollar may be collapsing in a metaverse created by just another scammer but unlikely in real life any time soon.
Or let's do it like the crypto cult (ehem!) 'crypto industry'.
4
FUD
The dollar may be collapsing in a metaverse created by just another scammer but unlikely in real life any time soon.
Or let's do it like the crypto cult (ehem!) 'crypto industry'.
4
FUD
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Let me show you something that might actually collapse.
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'Zoom out bro.'
Ok, here you go.
Ok, here you go.
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Why not just fucking full send it from here. You all believe the dollar is dead . It looks like just the right time.
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Weekly W is upon us.
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BREAKING: Everyone dumps the dollar but it's still above February lows.
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The dollar is your only escape but you believe it's dead.
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Ze weekly W.
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W
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It's over for dollar bears.
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No one is able to explain how this chart is bearish. Yet most people are bearish.
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Today might be an interesting day for DXY.
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What a bottom.
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Up only. Weekly W.
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So, they wanted a spring. That also works. That's better.
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Bears in disbelief. Send.
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LFG
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I think it's really happening. As far as I can see, very few people are prepared for a dollar pump.
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We're all fucked. But the dollar is unfucked.
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10 green weekly candle in a row. That's what power looks like. We can see a little pullback in a few weeks but the major trend is up imo.
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This is most likely the SOS. It is such an amazing example of classical accumulation schematic. Hard to believe it will fail.
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We can test 103-104 and continue. No big deal. Some TA gurus started talk like this is a bearish chart. It's just weird to me. This is not a bearish chart.
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These are the scenarios that would make me turn bearish on DXY. Until then, the dollar is the best currency out there.
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If you zoom out, those scenarios make very little sense. So I'm not betting on them.
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I look at this chart literally everyday and question my biases about the markets.