DXY getting closer & closer to double bottom target from April

מאת ‎DrDovetail‎
We can see this pattern’s breakout has definitely been triggered at this point and the price is heading closer and closer to the target that we called back in April. I will attach the chart idea from April near the bottom of this one. Only question now is do we reach 100% of the target. We still need to over come around 121 for it to confirm a higher high on the macro chart. I personally anticipate a lower high but either possibility is probable at this point. If we were to not hit 100% of our target before the next next downtrend then that would definitely clue us in. *not financial advice*
Bullish PatternsbullishbreakoutChart PatternsdollarstrengthDouble BottomDXYeuroMonthly ChartsTrend AnalysisUSE

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