If the last head and shoulders setup wasn't clear enough, this one is following the pattern very closely. If this H&S pattern completes as the first half already has, we will see a major reversal. The 18 year cyclical momentum is against DXY, and bearish indicators are increasing in frequency and clarity. We'll see what happens next
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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.