The idea is that all three should move roughly in sync with one and other. If one of the instruments moves out of line , then this can indicate a reversal is about to occur. In this example GBPUSD runs out a previous swing low ( by chance :) at the time of an economic news driver ) , where as EURUSD and DXY do not take that same low out. A reversal then takes place - running to take out swing highs. Thanks to InnerCirlceTrader
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.