This pattern looks like a classic quasimodo pattern, which is indicative of institutions flipping their positions to shorts...
Expecting a pullback to the blue line and eventually it should dump as US dollar index looks to rally hard
Expecting a pullback to the blue line and eventually it should dump as US dollar index looks to rally hard
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Disclaimer
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.