DXY is forming the right shoulder of the inverted Head and Shoulders pattern.
Buy on Neckline breakout.
Cheers!
Buy on Neckline breakout.
Cheers!
הערה:
Right should is now well developed. To take a trade i would wait for the neckline breakout.
הערה:
In a smaller time frame, 4hr chart, RSI broke out of the down trend which give a good indication that DXY is heading for the the neckline of IHS.
הערה:
RSI is in search for higher values on daily chart.
הערה:
DXY formed a pin bar on daily. This should hold the bullish channel intact.
הערה:
Approaching the downtrend.
עסקה סגורה: היעד הושג:
I think DXY has reached the target or almost but I will call an end here.
It's never been a free market and will never be.