Eth currently still playing the range and is in the distribution phase leading into a retracement
2 routes
1 . She pulls down around 50 to 618 % of the current range she made to then go higher :light blue route
2. She retraces down to collect the equal lows then accumulates to expand to make higher high : dark blue route
And for dxy correlation… Dxy is currently expanding on the micro and making the 4th leg of a bearish Elliot wave on the macro So once it creates that 4th leg then down she retraces
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