U.S. Dollar IndexShort
US Dollar Index / Top of Monthly Range / H4
Monthly Chart View:
Broad Bull Channel, Trading Range within this bull channel.
Strong bull climax bar to top of trading range, remember that 80% of TR breakouts fail.
tradingview.com/x/EjGpWyNA/
H4 Chart View:
Consecutive But Climaxes: No One Left to Buy
Reach top of monthly range, 60% chance of reversal down
Triangle formed there, 50% chance of breakout for both bulls and bears
Strong up trend so bulls probably buy the 50% PB
Broad Bull Channel, Trading Range within this bull channel.
Strong bull climax bar to top of trading range, remember that 80% of TR breakouts fail.
tradingview.com/x/EjGpWyNA/
H4 Chart View:
Consecutive But Climaxes: No One Left to Buy
Reach top of monthly range, 60% chance of reversal down
Triangle formed there, 50% chance of breakout for both bulls and bears
Strong up trend so bulls probably buy the 50% PB
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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.
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.